Mr. Lau, a prominent entrepreneur and philanthropist, is chairman of the Lau Chor Tak Foundation Limited, managing director of Tak Kee Cotton Yarn Company Limited, and managing director of Fung Shing Land Investment Company Limited. He has supported educational endeavours in Hong Kong and mainland China for over half a century by establishing many schools in Jiangxi and Ningxia, as well as making munificent donations to local universities, so nurturing talent for society. Mr. Lau has made generous donations to support the development of the Institute of Global Economics and Finance of CUHK, including the establishment of the 'Lau Chor Tak Distinguished Lecture on Global Economics and Finance'. In appreciation of the support by Mr. Lau, the University has named a lecture theatre at Yasumoto International Academic Park as 'Lau Chor Tak Lecture Theatre'.