Early Years
Albert Yeung was born in Hong Kong in 1943 and traces his root to Chiu Chow, Guangdong Province, China. His father, Mr Yeung Shing, opened a watch shop named "Shing On Kee Watch Shop" in 1942, setting the business foundation. In the 1960s his father lent him 200,000 yuan to start his watch business. In 1964, he opened his own watch shop, "Observatory Watch & Jewelery" on Nathan Road, Kowloon.
Two years after he opened his first shop, he obtained the distribution rights of Rolex and Omega watches and expanded his business to jewellery in 1966 and later on to other ventures. He was soon successful and became known as the "King of clocks and watches" (鐘錶大王).
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Famous quotes related to early years:
“Even today . . . experts, usually male, tell women how to be mothers and warn them that they should not have children if they have any intention of leaving their side in their early years. . . . Children don’t need parents’ full-time attendance or attention at any stage of their development. Many people will help take care of their needs, depending on who their parents are and how they chose to fulfill their roles.”
—Stella Chess (20th century)