Traditional Culture Encyclopedia - Hotel reservation - Character experience, Deng Chongguang.

Character experience, Deng Chongguang.

Deng Chongguang, a native of Dongguan, Guangdong; /kloc-came to hong kong from the mainland in 0/958, and worked as a handyman, plastic worker and retail worker after graduating from kowloon technical middle school. In the 1970s, he thought that Japanese nightclubs would have potential for development, so he started to operate six nightclubs, including China Palace, China City, Xindu Laozhi and Caesar. After the establishment of the first nightclub, it attracted countless guests. Among them, its China City nightclub, founded in 1983, invested 1 100 million yuan, with a business area of over 55,000 feet. At that time, it was the largest nightclub in Hong Kong with the largest number of public relations ladies, so it was known as the "father of nightclubs" and "king of dance halls" in Hong Kong. In addition, he also promoted "one-stop" service and opened a number of hotels (such as San Diego Hotel and Bay Hotel). ) and high-end restaurants (such as New Asia Taiwan Province Cuisine, Luyuan Shousi, Waterwheel House, etc. ). At his personal peak, Deng Chongguang once owned two listed companies, Nington and Global Catering, with a net worth of over 1 1 billion. However, in the mid-1990s, he invested in mainland real estate and speculated on real estate and stocks. 1997 The financial storm left him with more than one billion debts. Listed companies have been acquired one after another, and the court issued a bankruptcy order in 200 1 year. The 5000-foot detached house that originally lived in another village has become a 300-foot board house in Temple Street. The legend of a nightclub tycoon who has been all-powerful for half his life. Deng also kept a low profile after the bankruptcy order ended in 2005, and recently opened the "Wanfo Pavilion" in Happy Valley.