【Zheng Jiachun Family】 News: Served as CEO of Chow Tai Fook Enterprises for 14 years, Zeng Anyi stepped down, Zheng Zhi-liang and Ho Chi-hang jointly manage the billion-dollar empire

New World (00017)
During the unresolved debt crisis, Hong Kong billionaire Zheng family’s family office Chow Tai Fook Enterprises experienced another management change. Reports indicate that Patrick Zeng An-ye (曾安業), who has led overseas operations for about 14 years, has recently stepped down as Co-CEO, signaling a move toward a “dual CEO” era for Chow Tai Fook Enterprises, with Christopher Zheng Zhi-liang, son of the “pure official” Zheng family, and Chow Tai Fook’s founding partner Gilbert Ho Chi-hung sharing the leadership.

Patrick Zeng is the son-in-law of New World founder Zheng Yu-tong, married to Zheng family niece Sun Wing-yee. According to sources, Zeng An-ye will step down as Co-CEO in early 2026 but will remain a director of Chow Tai Fook Enterprises and serve on the boards of several Zheng family-related and listed companies, including Cable TV (01097), Giordano (00709), Wan Bang Investment (00158), and United Medical (00722). Additionally, Zeng An-ye is a director of the Zheng Yu-tong Charitable Foundation, a director of Chow Tai Fook Enterprises Social Programs, and a director of the Chow Tai Fook Charitable Foundation.

Chow Tai Fook Enterprises’ Extensive Billion-Dollar Asset Portfolio

Chow Tai Fook Enterprises is the private investment holding flagship of the Zheng family’s Chow Tai Fook Group, founded in 1929, with assets totaling hundreds of billions. As a major family investor, Chow Tai Fook Enterprises’ global investments span a wide range of sectors including: energy, infrastructure services, healthcare, insurance, education, and media; hotel and large-scale real estate projects; private equity investments in high-growth technology companies; and a portfolio of stocks and bonds. Currently, Chow Tai Fook Enterprises and its subsidiaries and joint ventures operate in 27 countries worldwide.

Patrick Zeng has served as CEO of Chow Tai Fook Enterprises since 2012. He previously worked at Deutsche Bank Hong Kong as Managing Director, overseeing Asian fixed income capital markets.

The Family Dynasty’s “License Battle”

In November 2023, Zheng family second-generation leader Zheng family pure official Zheng family pure official Zheng family pure official Zheng family pure official Zheng family pure official Zheng family pure official Zheng family pure official Zheng family pure official Zheng family pure official Zheng family pure official Zheng family pure official Zheng family pure official Zheng family pure official Zheng family pure official Zheng family pure official Zheng family pure official Zheng family pure official Zheng family pure official Zheng family pure official Zheng family pure official Zheng family pure official Zheng family pure official Zheng family pure official Zheng family pure official Zheng family pure official Zheng family pure official Zheng family pure official Zheng family pure official Zheng family pure official Zheng family pure official Zheng family pure official Zheng family pure official Zheng family pure official Zheng family pure official Zheng family pure official 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