Ji Haipeng (Chinese: 纪海鹏), or Kei Hoi Pang in Cantonese, is the chairman and CEO of Logan Property Holdings, a company 85% owned by his daughter, Perenna Kei, who has a net worth of US$1.3 billion.
[1] In May 2010, Logan Property was incorporated in the Cayman Islands, with Kei as the sole shareholder.
[2] Over the following years, Kei became the majority shareholder, using various British Virgin Islands holding companies and a family trust which she started in Guernsey.
[2] Ji is a Chinese citizen, and in China, holding in any offshore company must be declared and taxes paid on any dividends, but Kei became a Hong Kong resident in 2012, where ownership of offshore companies does not need to be declared to China and their dividends are not taxed.
[1] Ji lives in Shantou, in Guangdong province, and Logan Property is headquartered in Shenzhen.