Investment Holding · Hong Kong
Chow Tai Fook Enterprises (CTFE)
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Henry Cheng Kar-shun, Chairman; founded by the late Cheng Yu-tung · ~$25B (estimate)
Overview
Chow Tai Fook Enterprises (CTFE) — Flagship private investment holding company of the Cheng family, active in 27 countries with strategic investments in energy, healthcare, education and media alongside prime real estate and hospitality.
Recent activity
Sought to refinance a c.HK$7.3B loan (16 Mar 2026); Adrian Cheng exited his CTFE director role (4 Sep 2025).