Lui Che Woo, GBM, GBS, MBE, JP (Chinese: 呂志和; 9 August 1929[1] – 7 November 2024) was a Hong Kong business magnate, investor and philanthropist.
K. Wah Group is engaged in various businesses including properties, entertainment and leisure, hospitality and construction materials across Mainland China, Hong Kong, Macau, Southeast Asia and major cities in the world.
Adhering to his belief in “giving back to society”, especially in promoting the education of young people and paying attention to the development of science and technology, Lui Che-woo donated for decades to numerous universities in Mainland China, Hong Kong, Macau and overseas, as well as helping the underprivileged.
[5] The 1950s and 1960s were an important post-war period for Hong Kong’s economic and social development, and Lui Che-woo took this opportunity to explore broader business prospects.
Since then, K. Wah Company has remained an undisputed leader in Hong Kong’s construction materials sector, and Lui Che-woo has become known as the “King of the Quarry” in the industry.
Over the years, Lui’s property development projects have expanded from Hong Kong to Mainland China, Macau, Southeast Asia, and major cities worldwide.
[10] At the beginning of Mainland China's reform and opening up, Lui Che-woo was one of the first Hong Kong entrepreneurs in the construction materials industry to enter the market.
He participated in Guangzhou's first urban renewal project, transforming old buildings in Yuexiu District into a modern large-scale residential and commercial community known as Parkview Palace.
In addition, Lui Che-woo was among the first Hong Kong entrepreneurs to invest in the Shanghai property market, acquiring a number of sites in prime locations in the city centre.
At the time, Tsim Sha Tsui East was a newly developed area with limited economic activity, but Lui believed that the district needed international star-rated hotels to accommodate future growth.
[13] The Group's successful corporate management and extensive experience in the hospitality industry made it the first gaming company to be listed on the Stock Exchange of Hong Kong in 2006.
Lui Che-woo steered the Group's development towards the entertainment and leisure industry, and in the same year, StarWorld Hotel became a new landmark in Macau when it opened its doors.
Construction of the fourth phase of the new integrated resort project is underway, which will expand Galaxy Entertainment Group's footprint in Cotai to two million square metres.
[24] From 2020 to 2023, the Foundation and the KWIH Anti-Epidemic Fund jointly supported the prevention and mitigation of the novel coronavirus in the Mainland China, Hong Kong, and Macau.