[2] Albert Yeung was born in Hong Kong in 1943 and traces his root to Teochew (Chaozhou), Guangdong, China.

Two years after he opened his first shop, he obtained the distribution rights of Rolex and Omega watches and expanded his business to jewellery in 1966 and later on to other ventures.

[7] To recognise Beijing Olympic gold medalists' contributions to sports development in China, he also awarded $12.6 million to the 63 athletes.

[3] In 2007, on the occasion of the 10th anniversary of Hong Kong's return to China, Yeung contributed more than HKD 4 million to the official celebration event "Harbour Extravaganza", a firework display and gala dinner.

[3][9] He funded hospice services in Hubei, which made him win "The Most Influential Charity Project Nomination Award" in 2007.

The paper's owner Lau Tin-chau asked Yeung, a common friend of both Cruz and Wai, to try to resolve the tension between the two.

[12] After a ten-day trial, on 8 June 1998, High Court judge Mr Justice Burrell, sitting as the Chairman of the Insider Dealing Tribunal together with two members, found Yeung culpable of insider dealing in shares of his listed Emperor (China Concept) Investments Ltd in October 1993.

[12] On 8 August 2011 the South China Morning Post reported that Yeung had filed a writ for defamation against Google in the Hong Kong High Court on the grounds that it links to sites making libellous accusations against him.