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Wang Xisha, daughter of Chinese vice premier Wang Yang; The couple’s extravagant lifestyle has frequently caught the attention of Hong Kong’s paparazzi and tabloids

Wang Xisha, daughter of Chinese vice premier Wang Yang

Staff Reporter

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2014-06-19

Wang Xisha and husband Nicholas Zhang photographed in Hong Kong in mid-2013. Wang is believed to have given birth to the couple’s first child around the end of last year. (Internet photo)

Wang Xisha is the only daughter of Wang Yang, one of China’s four vice premiers and the former Communist Party chief of Guangdong province.

Wang Xisha lives in Hong Kong with her investment banker husband Zhang Xinliang, also known as Nicholas Zhang. Zhang is the the grandson of People’s Liberation Army general Zhang Aiping, probably best known for signing a letter opposing the enforcement of martial law in Beijing during the 1989 Tiananmen student protests.

Wang Xisha is believed to be in her early 30s and is currently not working after giving birth to the couple’s first child around the end of last year. Unconfirmed reports claim that she previously worked as a senior executive at Deutsche Bank in Hong Kong.

Hong Kong media reports say Wang Xisha attended the Hefei No.1 High School in east China’s Anhui province in the 1990s and later studied commerce at the prestigious Peking University in the 2000s.

It is not clear when she met her husband, who studied international finance at Georgetown University and later worked for Swiss global financial services company UBS and American multinational investment banking firm Goldman Sachs.

After a stint at Soros Fund Management in Hong Kong, Nicholas Zhang started hedge fund company Magnolia Capital Management last year along with some of his former colleagues.

The couple’s extravagant lifestyle has frequently caught the attention of Hong Kong’s paparazzi and tabloids, who claim that they spent HK$15.6 million (US$2 million) on an 880-square-foot apartment at the Island Crest luxury complex in Sai Wan district. Last April, it was also reported that the couple spent another HK$40 million (US$5.2 million) on a standalone 3,500-square-foot mansion in Sheung Shui district in the New Territories.

 

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Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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