K. Fung Ping-fan, 92; Brought McDonald’s to Hong Kong
Sir Kenneth Fung Ping-fan, 92, a prominent politician and businessman who brought the first McDonald’s restaurant to Hong Kong, died Thursday in a Hong Kong hospital of unspecified causes.
Fung was one of three sons of Fung Ping-shan, a co-founder of the Bank of East Asia. The younger Fung became chief manager and a director of the bank in Hong Kong. He also was a lawmaker, an advisor to Hong Kong’s government and an economic consultant for the government of Chongqing, a booming city in southwestern mainland China.
At 28, Fung established Fung Ping Fan Group, which in 1975 bought a McDonald’s franchise and introduced the fast-food chain to what was then British-controlled Hong Kong.
Fung was the founder and president of Hong Kong’s World Wide Fund for Nature and was district governor of Rotary International. In 1971, Britain knighted him for business and charitable endeavors.
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