ports. He received a lot of honours from many countries including a baronetcy and other decorations from Britain and China. He was said to have been a “leading expert in insurance, shipping and the import and export business,” and also "director of eighteen of the leading companies in Hong Kong and Shanghai, chairman and largest shareholder of a number of them." We know little of the details of his investments in the modern business in Hong Kong, Canton, or Shanghai, but we understand that he had an investment in some guandu-shangban enterprises and had close relations with Chinese officials. He was probably a multimillionaire by the turn of the century. It was known that when he worked in Jardines, he had been the manager of Jardine's affiliates, the Hong Kong Fire Insurance Co., Ltd. and the Canton Insurance Co., Ltd. He had invested in refined and raw sugar in Shanghai and most of the Yangzi and northern ports of China. He owned a lot of landed properties in Hong Kong, Macau, Shanghai, Tsingtao (Qingdao), and London. He was a director of Humphreys Estate and Finance Co. Ltd., Hong Kong Reclamation Co., Ltd., and Hong Kong Hotel Co., Ltd. at the end of the nineteenth century.
Law Pak Sheung was the first comprador to the Hongkong and Shanghai Bank when it opened in 1865, and remained the chief comprador until his death in 1877. Law came from the port of Whampoa in Canton. His life in Hong Kong proved very successful. He was an organising director of the Tung Wah Hospital from 1869 to 1871. It became the leading Chinese charitable institution in Hong Kong.
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Law died in 1877. He had interests in at least five businesses as mentioned in his will. He might also have had other business interests which were in the name of his sons or other relatives. The five firms mentioned in the will were a ship chartering office, a store, a gold dealer's shop, a native bank, and a general trading company. These he left to his third son Lo Hok Pang (Luo Hepeng), who succeeded him as comprador. In 1879, two years after the death of Law Pak Sheung, his son was said to have had connections with Chinese banks and had invested in a number of firms. He was regarded as one of the leading businessmen in the Chinese community; this was in addition to his position as a comprador. Law might also have had business interests in Canton or elsewhere which were not mentioned in his Hong Kong will. The testator's shares in insurance companies and a Chinese newspaper are signs of one who has moved away from strictly Chinese business enterprises, though the insurance shares were not large, but these were
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ports. He received a lot of honours from many countries including a baronetcy and other decorations from Britain and China He was said to have been a “leading expert in insurance, shipping and the import and export business," and also "director of eighteen of the leading companies in Hong Kong and Shanghai chairman and largest shareholder of a number of them." We know little of the details of his investments in the modern business in Hong Kong, Canton or Shanghai, but we understand that he had an investment in some guandu-shangban enterprises and had close relations with Chinese officials. He was probably a multimillionaire by the turn of the century It was known that when he worked in Jardines, he had been the manager of Jardine's affiliates, the Hong Kong Fire Insurance Co., Ltd. and the Canton Insurance Co., Ltd. He had invested in refined and raw sugar in Shanghai and most of the Yangzi and northern ports of China. Họ owned a lot of landed properties in Hong Kong, Macau, Shanghai, Tsingtao (Qingtao), and London. He was a director of Humphreys Estate and Finance Co. Ltd., Hong Kong Reclamation Co., Ltd., and Hong Kong Hotel Co., Ltd. at the end of the nineteenth century.
Law Pak Sheung was the first comprador to the Hongkong and Shanghai Bank when it opened in 1865, and remained the chief comprador until his death in 1877. Law came from the port of Whampoa in Canton His life in Hong Kong proved very successful. He was an organising director of the Tung Wah Hospital from 1869 to 1871. It became the leading Chinese charitable institution in Hong Kong.
10
Law died in 1877. He had interests in at least five businesses as mentioned in his will. He might also have had other business interests which were in the name of his sons or other relatives. The five firms mentioned in the will were a ship chartering office, a store, a gold dealer's shop, a native bank, and a general trading company. These he left to his third son Lo Hok Pang (Luo Hepeng) who succeeded him as comprador. In 1879 two years after the death of Law Pak Sheung, his son was said to have had connections with Chinese banks and had invested in a number of firms. He was regarded as one of the leading businessmen in the Chinese community; this was in addition to his position as a comprador." Law might also have had business interests in Canton or elsewhere which were not mentioned in his Hong Kong will. The testator's shares in insurance companies and a Chinese newspaper are signs of one who has moved away from strictly Chinese business enterprises, though the insurance shares were not large, but these were
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