[ { "id": 212475, "series_id": 26, "series_slug": "histsyn-rashkb-journal-engine", "series_title": "RASHKB Journal 皇家亞洲學會香港分會學刊", "series_use_hku_proxy": false, "document_key": "RAS-1991", "page_number": 29, "title": "RAS-1991", "content_text": "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.\n\nLaw 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.\n\nPage 10\n\nLaw 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", "txt_file_path": "txt/dfo323lmgvd/RAS-1991.txt", "external_url": "https://digitalrepository.lib.hku.hk/catalog/k356gt84j", "rank": 0 }, { "id": 212481, "series_id": 26, "series_slug": "histsyn-rashkb-journal-engine", "series_title": "RASHKB Journal 皇家亞洲學會香港分會學刊", "series_use_hku_proxy": false, "document_key": "RAS-1991", "page_number": 35, "title": "RAS-1991", "content_text": "15\n\nHe returned with his savings. In middle age, he started his own business, a timber shop in Hong Kong.\n\nWhen I was young I lived in the village. When grown up I went to California. I came to Hong Kong in my middle age and established the business of the Kwong Ut Lung timber shop. Fortunately I accumulated some savings and invested them in property, business and shares of which the following...\n\nLi Hing, a Dongguan native, had worked in an opium shop in Hong Kong for more than twenty years. As he said, he was diligent and economical otherwise he could not save money. It was known that his \"little money\" amounted to 5,440 taels, for Li held partnerships in a native bank, two opium shops, a timber shop and a wharf in Hong Kong. In addition he also had eleven shops and a share in the Hong Kong Fire Insurance Co. of $340. As he mentioned in his will:\n\nI (Li Hing), alias Peng Sam, maker of this will, I am a native of the Village called Tong Mei, in the District of Tung Koon, I have been employed, as a Manager, in the Tuk Lung opium shop over twenty years. I have always been contented with my lot, and I have always behaved myself with decorum. I have been diligent and economical, and by self-denial, I have fortunately obtained favour from Heaven above, and saved a little money.\n\nLi was not only employed in the opium shop, but he had also invested for himself, though we do not know from the above whether his investment was started after he left the Tuk Lung firm or when he worked in the firm.\n\nTable 1\n\nNative Origins of Hong Kong Merchants\n\n \n Native places\n 1850-70\n 1871-80\n 1881-90\n 1891-1900\n 1901-06\n Total\n \n \n Xinning\n 7\n 3\n \n 4\n \n 14\n \n \n Xinhui\n 3\n \n 4\n 6\n I\n 14\n \n \n Kaiping\n \n 2\n \n 2\n \n 4\n \n \n Xiangshan\n 2\n \n 2\n 9\n 3\n 17\n \n \n Baoan\n 1\n \n 2\n 2\n \n 6\n \n \n Panyu\n 3\n \n 5\n 9\n 2\n 8\n 5\n 15\n \n \n Nanhai\n among the richest of the Chinese compradors in the treaty", "txt_file_path": "txt/dfo323lmgvd/RAS-1991.txt", "external_url": "https://digitalrepository.lib.hku.hk/catalog/k356gt84j", "rank": 0 }, { "id": 213252, "series_id": 26, "series_slug": "histsyn-rashkb-journal-engine", "series_title": "RASHKB Journal 皇家亞洲學會香港分會學刊", "series_use_hku_proxy": false, "document_key": "RAS-1994", "page_number": 74, "title": "RAS-1994", "content_text": "53\n\nGerman Firms and Insurance Agents\n\nNine German firms subscribed to the Ross Testimonial Fund in 1880. Mr. William Ross was the head of the Volunteer Fire Brigade and had suffered severe injuries in December 1879 in fighting a fire. Upon his release from hospital some ten months later the insurance companies of Hong Kong raised a fund for him to show their appreciation. Among the subscribers were Arnhold, Karberg and Co., agents for Lancashire Insurance Co.; Garlowitz and Co. agents for Hamburg Bremen Fire Co.; Melchers and Co. agents for North German Fire Insurance Co. and Royal Insurance Co.; Meyer and Co. agents for Prussian National Insurance Co. in Stettin; Pustau and Co. agents for Fire Insurance Co. of 1887 of Hamburg and the General Life and Fire Assurance Co.; Sander and Co., agents for Hamburg-Magdeburg Fire Insurance Co.; Scheele and Co. agent for Lubeck Fire Insurance Co.; Eduard Schellhass and Co. agents for Hanseatic Fire Insurance Co.; and Siemssen and Co. agent for Transatlantic Fire Insurance Co. (HKT 3 Oct. 1880)\n\nSteamship Lines\n\nWilliam Pustau and Co. was appointed in 1848 an agent of the Austrian Lloyd Steam Navigation Co. The route was from Trieste to Alexandria, then by land to Aden on the Red Sea where the traveller could connect with the P. and O. Line to Galle in Ceylon (FC 5 Dec. 1848). In 1886 the German Lloyd Steamship Co. opened an office in Hong Kong. In 1914 it and the Hamburg Amerika Line had Hong Kong offices.\n\nInternment of Germans in 1914\n\nWar declared between Britain and Germany on 5 August 1914. A few days later the Hong Kong Government placed enemy aliens under parole. They were restricted to certain areas and had to report to the police at stated times. This arrangement was not sufficiently tight to satisfy Major George F.H. Kelly, the Officer Commanding British Forces in Hong Kong. He saw the German residents of Hong Kong as a distinct threat to the speedy end to the war. He conveyed this opinion to the Governor of Hong Kong.\n\n\"I look upon every German, man or woman, at large in the Colony, as a potential factor for evil, and possibly for prolonging the war", "txt_file_path": "txt/dfo323lmgvd/RAS-1994.txt", "external_url": "https://digitalrepository.lib.hku.hk/catalog/zk522640g", "rank": 0 } ]