[citation needed] The private university was founded by a group of prominent educators, financiers, and legislators of the Republic of China including Chen Jitan, Huang Lunshu, Li Yangjin, Wen Fangpu, and Kong Mou Sum.

The institution was forced to rename itself Chu Hai College (珠海書院) as it was not recognised as a university under Hong Kong law.

[citation needed] In the 1990s, the Taiwanese localisation movement and the subsequent change in policy led to its being increasingly distanced from the Republic of China in Taiwan.

[5] After moving to Hong Kong, the college utilised the building of the Dai Tong Secondary School (大同中學) in Mongkok as its campus.

Funding was provided partially by The College Land Grant and Start-up Loan, administered by the Education Bureau of the Hong Kong government.

[2] Hong Kong Chu Hai College partnered with the British Broadcasting Corporation to produce a glossary of English-Chinese financial market terminology.[8][when?]