Cheng Yu Tung Quotes

101 Cheng Yu Tung Quotes

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As the Chinese proverb goes, ‘a long journey starts by taking the first step’…
Cheng Yu Tung

[In 2008] Over the past 30 years, the nation has gradually opened up under such reform policies, which have presented enormous challenges and unlimited opportunities for the people and benefited the development of the nation all these years.
Cheng Yu Tung

Facing a market which awaited exploration and development, the Group decided to become a pioneer in its economic reform by taking up the responsibility to engage in the development of the Mainland. [China]
Cheng Yu Tung

[In 2008] With vision and foresight, thorough consideration, careful planning and steadfast commitment, the New World Group will continue to maintain its ambitious yet healthy investment strategy to grow together with the nation and strive for greater success in the future.
Cheng Yu Tung

[In 2007] From the economic slowdown after the financial crisis in 1997 through the economic boom in 2007, the motherland has been supporting Hong Kong in recovering from adversity; on the other hand, Hong Kong has been actively cooperating with the motherland in going international.
Cheng Yu Tung

Great foresight is required to run a multinational corporation. A magnificent blueprint, a loyal team and a well-coordinated organization are the three indispensable factors, and the same applies from ruling a country to maintaining a family.
Cheng Yu Tung

[In 2007] After its return to China, Hong Kong has become an inseparable part of this large country by exerting its business strengths to become a vital member of the country and developing its four pillar industries, namely finance, commerce, shipping and professional services.
Cheng Yu Tung

A Chinese proverb goes, ‘Heroes always come from young people.’ Aristotle also says, ‘All who have meditated on the art of governing mankind have been convinced that the fate of empires depends on the education of youth.’ Young people in China and Hong Kong are the future of the motherland.
Cheng Yu Tung

[In 2006] It has been almost a decade since the handover of Hong Kong in 1997. Hong Kong has gone through both good times and bad times. During the past decade, Hong Kong has undoubtedly played an increasingly important role in the economic development of China.
Cheng Yu Tung

Hong Kong’s history of success is built on its flexibility in the ever-changing global economy.
Cheng Yu Tung



We base our investment strategies on quality, trust, synergy and initiative.
Cheng Yu Tung

[In 2005] Nowhere are the benefits of closer economic ties more pronounced than in Mainland China and Hong Kong. The two places have their own advantages. One has the manpower, natural resources and manufacturing might, while the other has the management skills and marketing know-how.
Cheng Yu Tung

Over the years, Hong Kong has been confronted with various challenges. On every occasion, we were able to rely on our unique qualities – resourcefulness, perseverance, diligence and passion for excellence – to rise above our difficulties.
Cheng Yu Tung

[In 2005] The flexibility of Hong Kong businessmen should soon twist a way to success again.
Cheng Yu Tung

[In 2005 on Mainland China and Hong Kong] The Group will be able to capture opportunities arising from the growth and integration of the two economies, and scale new heights in the years ahead.
Cheng Yu Tung

[In 2004] Hong Kong has gone through countless difficult moments in the past. Our belief in our abilities and our determination to work for a better future have helped us overcome all obstacles.
Cheng Yu Tung

Let us work together to take Hong Kong to new heights.
Cheng Yu Tung

[In 2003] With an export-driven economy, Hong Kong is unavoidably affected by any hiccup in the outside world.
Cheng Yu Tung

Hong Kong has gone through many ups and downs in the past. Unavoidably, one needs to go through the lowest point before reaching the peak again.
Cheng Yu Tung

[In 2003] It is very likely that Hong Kong has reached the end of the tunnel and the bright sunshine is not far from us.
Cheng Yu Tung



[In 2003] Management always bears in mind to ‘lend a hand’ to Hong Kong and Mainland China while we are working hard for shareholders’ benefits.
Cheng Yu Tung

The Group launched the ‘Create a New World for Children’ Corporate Alliance Campaign with UNICEF in August 2003 to help and ease the plight of the underprivileged in our society. We both share the same commitment in creating a better environment for disadvantaged children and improving their education opportunities.
Cheng Yu Tung

[In 2002] In the face of challenging economic and market conditions of the past 12 months, our diversified portfolio of multiple earnings streams has served us well.
Cheng Yu Tung

[In 2002] China remains a market with unprecedented potential.
Cheng Yu Tung

[In 2002] Hong Kong is uniquely positioned as the best place to integrate with the fast-growing Pearl River Delta Region and to capitalize on the opening up of China’s economy and markets.
Cheng Yu Tung

Hong Kong people continue to show resilience in the face of economic adversity.
Cheng Yu Tung

[In 2002] Entrepreneurial skills and ability for sheer hard work will help Hong Kong re-orient its economy for future growth through a broad variety of strong and promising businesses.
Cheng Yu Tung

[In 2002 on New World Group] The breadth and maturity of our own businesses is allowing us to weather the prevailing storms.
Cheng Yu Tung

[In 2001] The global economy has experienced considerable slowdown in recent times. However there has been one notable exception: China.
Cheng Yu Tung

[In 2001] China is the new horizon.
Cheng Yu Tung



[In 2001] China is likely to sustain its pace of economic growth for the next decade.
Cheng Yu Tung

[In 2001 on China] We fully intend to capitalise on our strengths as this dynamic market continues to flourish.
Cheng Yu Tung

Hong Kong has, throughout it’s history, experienced periods of uncertainties… I believe that the virtues of Hong Kong people – diligent, flexible and entrepreneurial – will once again overcome the obstacles before us.
Cheng Yu Tung

History recalls the remarkable resilience of the territory’s people.
Cheng Yu Tung

[In 2001] While the uncertainties that the economic climate holds are a challenge for all companies, we are confident that by drawing from the strengths of our people, as well as on our core values of quality, initiative, trust and creativity, we will maintain our focus and strategic direction.
Cheng Yu Tung

[In 2001 on The New World Group] We have the necessary foundations that will enable us to weather the current storm and enter into a new era of growth.
Cheng Yu Tung

[In 2000] What has sustained us through these years? Trust. Dedication. Discipline.
Cheng Yu Tung

The focus is on the future.
Cheng Yu Tung

It is important that all of us, however old or young, have a mindset that enables us to capture all the opportunities that changes in the world are bringing to us. A mindset that is characterized by creativity and initiative, harnessed by focus and discipline. In our company, this mindset is requisite and indelible.
Cheng Yu Tung

Economic cycles come and go…
Cheng Yu Tung



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