King Wai Group is one of China’s most reputable and renowned conglomerates, with a nearly 40-year track record in mega mixed-use developments and finance for sustainable growth in Thailand. Over the past few years, the group has expanded its presence in Thailand by acquiring real estate and insurance operations. With deep expertise in the insurance sector, King Wai Group has fostered strong agency and broker relationships, delivering well-structured solutions to its clients.
Pioneering Sustainable Development
After graduating at the age of 25, Antonio Hang Tat Chan was entrusted by his father and Chairman, King Wai Chan, to lead the King Wai Urban Oasis flagship real estate project in Tianjin Binhai New Area, China. In 2012, the project became the first in China to receive the China Environmental Label – Low Carbon Building certification, later earning the China Environmental Label – Low Carbon Building Award.
In 2016, King Wai Group entered the Thai real estate market by acquiring a real estate company. The success of its first housing project, which sold out completely, laid a strong foundation for its business in Thailand. Building on this momentum, the group rebranded a local insurance business to King Wai Insurance, marking the beginning of a new chapter in Thailand’s financial services industry and positioning the country as its Southeast Asian hub.
A Leadership Philosophy Rooted in Responsibility
“Expanding to a regional and international level was a challenge. We had to adapt to different cultures, learn new business practices, and assess political, economic, and sociological factors in every market we invested in. These challenges helped shape me as a leader who puts people first,” shares Antonio Hang Tat Chan, a Hong Kong-born graduate of the University of Toronto and MBA holder.
He credits his success to a leadership approach that integrates traditional Chinese values with Western business acumen. “I spent a long time in the West, which has contributed to my logical thinking and flexibility in cultural adaptation. Meanwhile, my family background is rich in Chinese moral concepts, where employees are regarded as family members. Modern enterprises are not just a combination of capital and wisdom, but also a fusion of morality, rational judgment, and humanity,” he explains.
Antonio also emphasizes the importance of courage in business decision-making. “We have to carefully weigh the advantages and disadvantages when evaluating each opportunity,” he says. As the business world evolves with rapid technological innovations, he believes that the increasing prevalence of mergers and acquisitions is creating significant cultural shifts.
A Vision for the Future
For Antonio, an inspirational leader is someone who is open-minded, willing to share knowledge, and capable of harnessing innovative ideas from the team to achieve business objectives. He remains committed to his guiding motto: “Responsibility creates value, mission inspires endeavor.” By prioritizing responsibility in every aspect of business, King Wai Group continues to create value for customers, shareholders, and employees, shaping a future built on sustainability, growth, and innovation.
