Local pride: Cheah posing with his personalised Penang number plate on his car in Hong Kong.
THE end of the year is always the busiest time for Datuk Seri Cheah Cheng Hye, who is one of the biggest fund managers in Asia, while others are taking time off to enjoy the holiday season.
For Hong Kong-based Cheah, his entire staff of 200 people are preoccupied with a last minute rush to successfully complete a turbulent year, which started badly and ended very well for Value Partners.
China-related markets, which are a core focus for the firm’s portfolios, are among the world’s best-performing markets in 2020. China had started badly, as the epicentre of the pandemic in early 2020, but through tough counter measures, the country has recovered strongly and will be the only major economy in the world to show growth this year.
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