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:
“I believe that if we are to survive as a planet, we must teach this next generation to handle their own conflicts assertively and nonviolently. If in their early years our children learn to listen to all sides of the story, use their heads and then their mouths, and come up with a plan and share, then, when they become our leaders, and some of them will, they will have the tools to handle global problems and conflict.”
—Barbara Coloroso (20th century)