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About: Yung Fung-shee     Goto   Sponge   NotDistinct   Permalink

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Yung Fung-shee (Chinese: 容鳳書; 1900 – 27 August 1972) was a Hong Kong philanthropist. The Yungs were closely associated with the Chartered Bank (now Standard Chartered Bank). Fung-shee's grandfather, was the first comprador of the Chartered Bank, while several of his descendants, including one of his sons , had successively held key positions such as compradors and sub-compradors in the Bank. Fung-shee, who kept a low-profile, had earned large sums of profits investment of securities. Her will in 1969 provided that assets valued at HK$3 million would go to the Hong Kong Government for the construction of free healthcare centres and clinics for the needy. By the time of her death in August 1972, the value of bequest had grown to HK$16 million, and HK$51 million by late 1978, funding in Kwu