![Kar Shun Cheng](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
Kar Shun Cheng
Chairman at
FSE LIFESTYLE SERVICES LIMITED
Net worth: 60 M $ as of 31/05/2026
Profile
Kar-Shun Cheng is a Chinese businessperson who has been at the head of 20 different companies. Currently, Dr. Cheng occupies the position of Chairman & Managing Director at New World Development Co. Ltd., Chairman for New World Department Store China Ltd., Chairman for New World TMT Ltd., Chairman at NWS Holdings Ltd., Chairman at New World Hotels (Holdings) Ltd., Chairman of NWHI Manager Ltd. and Chairman at New World Telephone Holdings Ltd. (which are all subsidiaries of New World Development Co. Ltd.), Chairman for Knight Dragon Developments Ltd., Chairman of NW Hotel Investments Co. Ltd., Non-Executive Chairman of FSE Services Group Ltd., Chairman at Chow Tai Fook Enterprises Ltd., Chairman at Chow Tai Fook Jewellery Group Ltd. and Chairman for Chow Tai Fook Jewellery Co. Ltd. Dr. Cheng is also on the board of 17 other companies. Kar-Shun Cheng previously was Chairman at International Entertainment Corp., Chairman at Newton Resources Ltd., Director at New World TMT Ltd., Chairman at Taifook Securities Group Ltd., Managing Director at New World Development (China) Ltd. and Managing Director at New World Hotels Corp. Ltd.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
| 31/03/2026 | 22,085,200 ( 0.22% ) | 31 M $ | 31/05/2026 | |
| 19/01/2026 | 13,615,713 ( 0.3% ) | 14 M $ | 31/05/2026 | |
CSC Holdings Ltd. (Hong Kong)
 CSC Holdings Ltd. (Hong Kong) Wholesale DistributorsDistribution Services Operates as an investment holding company which trades coke products and provides money lending, investment and securities brokerage services 16.67% | 30/06/2025 | 3,397,540,000 ( 16.67% ) | 10 M $ | 31/05/2026 |
| 30/06/2025 | 5,168,909 ( 0.21% ) | 5 M $ | 31/05/2026 |
Kar Shun Cheng active positions
| Companies | Position | Start |
|---|---|---|
| NEW WORLD DEVELOPMENT COMPANY LIMITED | Chairman | 01/03/2012 |
| CHOW TAI FOOK JEWELLERY GROUP LIMITED | Chairman | 26/11/2011 |
| CTF SERVICES LIMITED | Chairman | 01/03/2001 |
| FSE LIFESTYLE SERVICES LIMITED | Chairman | 28/08/2015 |
| I-CABLE COMMUNICATIONS LIMITED | Chairman | 30/11/2021 |
| NEW WORLD DEPARTMENT STORE CHINA LIMITED | Chairman | 09/01/2026 |
Supreme Harvest Development Ltd. | Director/Board Member | - |
SJM Resorts SA
 SJM Resorts SA Other Consumer ServicesConsumer Services Provides leisure tourism | Director/Board Member | - |
Easywin Enterprises Corp. Ltd.
 Easywin Enterprises Corp. Ltd. Financial ConglomeratesFinance Operates as an investment company | Director/Board Member | - |
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Former positions of Kar Shun Cheng
| Companies | Position | End |
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Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
51
1st degree connections
51
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 51 |
|---|---|
Hang Seng Bank Ltd.
 Hang Seng Bank Ltd. Savings BanksFinance Provides commercial banking services | Finance |
Arta TechFin Corp. Ltd.
 Arta TechFin Corp. Ltd. Investment Banks/BrokersFinance Operates as an investment holding company with interest in the trading of securities and property holding | Finance |
Chow Tai Fook Nominee Ltd.
 Chow Tai Fook Nominee Ltd. MiscellaneousMiscellaneous Operates as a investment holding company | Miscellaneous |
New World Department Store China Ltd.
 New World Department Store China Ltd. Department StoresRetail Trade Operates as a holding company which engages in operating department stores and property investment activities | Retail Trade |
SJM Holdings Ltd.
 SJM Holdings Ltd. Movies/EntertainmentConsumer Services Operates as an investment holding company which owns and operates casino games | Consumer Services |
New World Development Co. Ltd.
 New World Development Co. Ltd. Real Estate DevelopmentFinance Operates as a holding company which engages in property development and investment businesses | Finance |
i-CABLE Communications Ltd.
 i-CABLE Communications Ltd. BroadcastingConsumer Services Provides media and telecommunications services | Consumer Services |
New World China Land Ltd.
 New World China Land Ltd. Real Estate DevelopmentFinance Provides residential and commercial & industrial real estate development services | Finance |
HKR International Ltd.
 HKR International Ltd. Real Estate DevelopmentFinance Engages in real estate development activities, provides transportation and healthcare services | Finance |
New World TMT Ltd.
 New World TMT Ltd. Wireless TelecommunicationsCommunications Provides telecom, media and technology investment services | Communications |
NWS Holdings Ltd.
 NWS Holdings Ltd. Engineering & ConstructionIndustrial Services Provides construction, insurance, roads, facilities management and logistics services | Industrial Services |
Taifook Securities Group Ltd.
 Taifook Securities Group Ltd. Financial ConglomeratesFinance Operates as an investment holding company | Finance |
DTXS Silk Road Investment Holdings Co. Ltd.
 DTXS Silk Road Investment Holdings Co. Ltd. Engineering & ConstructionIndustrial Services Provides marine engineering & ship management services | Industrial Services |
Knight Dragon Developments Ltd.
 Knight Dragon Developments Ltd. Real Estate DevelopmentFinance Invests in and develops property | Finance |
Chow Tai Fook Enterprises Ltd.
 Chow Tai Fook Enterprises Ltd. MiscellaneousMiscellaneous Functions as an investment holding company | Miscellaneous |
Mombasa Ltd. | |
International Entertainment Corp.
 International Entertainment Corp. Finance/Rental/LeasingFinance Operates as an investment holding company with interest in hotel operations and leasing of properties | Finance |
Mediastar International Ltd.
 Mediastar International Ltd. Investment ManagersFinance Provides asset management services | Finance |
Asia Television Ltd.
 Asia Television Ltd. BroadcastingConsumer Services Provides television broadcasting and cable network services | Consumer Services |
Lifestyle International Holdings Ltd.
 Lifestyle International Holdings Ltd. Department StoresRetail Trade Operates as a holding company with interest in operating department stores and retail properties | Retail Trade |
Real Reward Ltd.
 Real Reward Ltd. Financial ConglomeratesFinance Operates an investment holding company | Finance |
Easywin Enterprises Corp. Ltd.
Easywin Enterprises Corp. Ltd. Financial ConglomeratesFinance Operates as an investment company | Finance |
New World Development (China) Ltd.
 New World Development (China) Ltd. Real Estate Investment TrustsFinance Invests and develops real estate business | Finance |
The Macao Water Supply Co., Ltd.
 The Macao Water Supply Co., Ltd. Water UtilitiesUtilities Supplies water | Utilities |
Chow Tai Fook (Holding) Ltd.
 Chow Tai Fook (Holding) Ltd. Financial ConglomeratesFinance Investment holding company | Finance |
SJM Resorts SA
SJM Resorts SA Other Consumer ServicesConsumer Services Provides leisure tourism | Consumer Services |
New World Hotels Corp. Ltd.
 New World Hotels Corp. Ltd. Hotels/Resorts/Cruise linesConsumer Services Investment holding company with interest in hotel management and operations | Consumer Services |
CSL New World Mobility Group
 CSL New World Mobility Group Specialty TelecommunicationsCommunications Provides mobile communication services | Communications |
Go Create Ltd. | |
New World Hotels (Holdings) Ltd.
 New World Hotels (Holdings) Ltd. Hotels/Resorts/Cruise linesConsumer Services Operates as a holding company whose subsidiaries operates hotels | Consumer Services |
Chow Tai Fook Jewellery Group Ltd.
 Chow Tai Fook Jewellery Group Ltd. Other Consumer SpecialtiesConsumer Durables Manufactures and sells jewelry products | Consumer Durables |
The Better Hong Kong Foundation
 The Better Hong Kong Foundation Investment Trusts/Mutual FundsMiscellaneous Functions as a foundation | Miscellaneous |
Silver City International (Holdings) Ltd. | |
Cheng Yu Tung Family (Holdings) Ltd. | |
Newton Resources Ltd.
 Newton Resources Ltd. SteelNon-Energy Minerals Engages in mining, ore processing and sale of iron concentrates | Non-Energy Minerals |
Wuxi Ramada Hotel Co. Ltd. | |
Huizhou New World Enterprises Development Co., Ltd. | |
Qingyuan New World Housing Development Ltd. | |
Fortune Holiday Ltd. | |
Many Town Co. Ltd. | |
Chow Tai Fook Capital Ltd.
 Chow Tai Fook Capital Ltd. Financial ConglomeratesFinance Operates as an investment holding company | Finance |
Cheng Yu Tung Family (Holdings) II Ltd. | |
Chow Tai Fook Jewellery Co. Ltd.
 Chow Tai Fook Jewellery Co. Ltd. Specialty StoresRetail Trade Distributes jewelry | Retail Trade |
NW Hotel Investments Co. Ltd.
 NW Hotel Investments Co. Ltd. Hotels/Resorts/Cruise linesConsumer Services Operates hotels and motels | Consumer Services |
NWHI Manager Ltd. | |
Supreme Harvest Development Ltd. | |
FSE Lifestyle Services Ltd.
 FSE Lifestyle Services Ltd. Miscellaneous Commercial ServicesCommercial Services Operates as an investment holding company, which engages in cleaning, disinfection and pest control, technical support & maintenance, assets protection and security & environmental activities | Commercial Services |
New World Telephone Holdings Ltd.
 New World Telephone Holdings Ltd. Specialty TelecommunicationsCommunications Provides line and wireless telecommunication services | Communications |
Forever Top (Asia) Ltd.
 Forever Top (Asia) Ltd. Financial ConglomeratesFinance Provides investment services | Finance |
Alinta Energy Pty Ltd.
 Alinta Energy Pty Ltd. Electric UtilitiesUtilities Engages in energy and gas retail, generation, investment & development activities | Utilities |
Celestial Pioneer Ltd.
 Celestial Pioneer Ltd. Financial ConglomeratesFinance Provides investment services | Finance |
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