Gong Hongjia

Gong Hongjia (born 1965), also known by his official Hong Kong transliteration Kung Hung Ka,[1] is a Chinese billionaire businessman (with Hong Kong permanent resident status),[2] vice-chairman and the second largest shareholder in Hikvision,[2] a security equipment supplier. He was ranked 15 in the Forbes 2017 China Rich List,[3][4] as well as 144th in 2021 Forbes billionaires list in May 2021, with a net worth of US$14.4 billion at that time.[3]

Early life

Gong was born in mainland China in 1965.[5] He was educated at Huazhong University of Science and Technology, graduating with a degree in computer science.[6][5][3]

Career

Gong became a trader of electronic goods in Southern China (Guangzhou and British Hong Kong) after his graduation. He emigrated to Hong Kong in 1992,[5] five years before the handover of the colony to China. He formerly owned radio manufacturer Tecsun[6][5][7] (now known as Tecsun Science & Technology)[8] and smart card company Watchdata.[5] In 2001, he co-invested in Hikvision[5] for 49% stake. In 2017, after Hikvision became a listed company, he sold part of the shares he owned, causing his fortune to reach $13billion, up from 5.4billion the previous year,[6][9] with his rise in rank reflected in the Hurun Report.[10]

Gong also owned Wealth Strategy Holding, which in turn partly owned another listed company Yichang HEC Changjiang Pharmaceutical in 2015.[11]

Gong was also actively invested in the property market of Hong Kong.[12][13]

Personal life

He is married with two children and lives in Hong Kong.[3]