Cheah Cheng Hye

This is a Chinese name; the family name is Cheah.

Cheah Cheng Hye (謝清海; born 18 March 1954) is a fund manager and the chairman and co-CIO of Value Partners, a Hong Kong-based asset management company with a Greater China focus. In 2010, it was the second biggest private fund managing company in the continent.[1] Currently, Cheah manages the Value Partners Classic Fund and other funds of the Group.[2]

Cheah also holds public office positions in Hong Kong as a non-official member of the New Business Committee of the Financial Services Development Council [3] and a member of the School Advisory Council of the Hong Kong University of Science and Technology’s Business School.[4]

Early life and career

Born into an ethnic Chinese family in Penang, Malaysia in 1954, Cheah attended the Penang Free School (Form One to Form Five). After graduation, he joined The Star (Malaysia) newspaper as subeditor and editorial writer.[5] In 1974, he travelled from Malaysia to Hong Kong and later became a financial journalist with the Hong Kong Standard, the Asian Wall Street Journal and the Far Eastern Economic Review.[6]

In 1989, Cheah became head of research and proprietary trader at UK-based brokerage Morgan, Grenfell & Co.. In 1993, Cheah and V-Nee Yeh co-founded Value Partners and started its first investment fund – Value Partners Classic Fund. In 2007, Value Partners became the first value-investing fund management company listed on the Hong Kong Stock Exchange (Stock code: 806 HK).[7]

Proponent of value investing

Cheah is a proponent of value investing.[8] While Cheah has been influenced by the value-investing idea that was developed by Columbia Business School professors Benjamin Graham and David Dodd in their text Security Analysis, he adopted the method for Asian markets.[6] In 2010, he was invited by the Heilbrunn Center for Graham and Doddd Investing of the Columbia Business School to give a keynote speech, titled "Value-investing: Making it work in China and Asia", at the annual Graham & Dodd Breakfast.[9]

Recognitions

Cheah has also been given nicknames by the Chinese media including "Goldfinger" (金手指)[14] and "the Warren Buffett of Asia" (亞洲畢菲特).[15]

References

  1. ↑ Chen, Shu-Ching Jean"Hong Kong's V-Nee Yeh Makes Smart Bets", Forbes, 15 January 2015. Accessed 10 December 2015.
  2. ↑ "Cheah Cheng Hye", Citywire
  3. ↑ "Appointments to committees of Financial Services Development Council announced", Hong Kong SAR Government. 5 April 2013
  4. ↑ "Business School Advisory Council, Hong Kong University of Science and Technology"
  5. ↑ Lim Ai Lee. "Former The Star journalist Cheah makes it big in hedge fund management", The Star. 2 October 2011
  6. 1 2 Justin Doebele. "The 'stupid-clever' approach", Forbes.com. 30 September 2002.
  7. ↑ "Bloomberg"
  8. ↑ Sunny Ng. "Morningstar's Take", Morningstar. 29 August 2012.
  9. ↑ "Graham and Dodd Breakfast, The Heilbrunn Center for Graham and Dodd Investing at Columbia Business School"
  10. ↑ "Pandikar Amin heads honour roll", The Star Online. 26 August 2013.
  11. ↑ "HKUST Confers Honorary Fellowships on Four Distinguished Leaders", 27 June 2013
  12. ↑ Asia Asset Management 2011 Winners
  13. ↑ Rita Raagas De Ramos. "Cheah Cheng-hye Steers Value Partners Through The Crisis", AsianInvestors. 4 May 2009.
  14. ↑ "謝清海加碼追 上藥候回調吸". Mingpao. 22 August 2012.
  15. ↑ "謝清海自認五十九分，才能邁向一百分". NowNews. January 2012.

Further reading

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