Cover Patrick Tsang is the chairman of Tsangs Group, a Hong Kong-based global family office investing in everything from entertainment to fintech and space travel

The Hong Kong investor, club chairman and podcast host explains how belonging is overrated in the latest episode of our Crazy Smart Asia podcast

Identity has become a major discussion point in Asia, with each of its cities acting as a melting pot of cultures, ethnicities and backgrounds. Patrick Tsang channelled this diversity of thought into his chairmanship of the global family office Tsangs Group and the Hong Kong Ambassadors Club (HKAC), and it drives him in his role as the host of the Anything is Possible podcast.

A 14th-generation Hong Konger, Tsang’s grandfather opened Chinese restaurants in the North West of England in the 1960s and was the first person to open a Chinese restaurant in both Belfast, UK and Dublin, Ireland. Growing up and studying in the UK, Tsang felt like an outsider due to his ethnicity. When he came to Hong Kong for a career in law, he expected this would change and he would find a sense of belonging among other Chinese. That was not the case.

Discovering that his European upbringing meant he was also equally othered in Asia, Tsang turned his difference into a strength, utilising his appreciation of varied perspectives and experiences in his new role at the family business and in his founding of the HKAC. Tsang also began hosting a podcast that celebrated stories of interesting and determined people overcoming the odds.

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In the latest episode of Gen.T’s Crazy Smart Asia podcast, Tsang talks about growing up in Belfast during the troubles, moving from law to investment, the potential of Hong Kong 3.0 and the importance of telling positive stories.

Here are a few excerpts from the conversation. Click the audio player below to listen to the full episode or subscribe via Apple, Spotify or wherever you get your podcasts.

On growing up amid division

“On one hand, there was sectarian opposition and we experienced racism, but on the other, Protestants and Catholics were very happy to be friends with Chinese people.”

On a lack of belonging in Hong Kong

“That’s when I first realised I can’t be accepted anywhere and I had to work harder than anyone else.”

I am an entrepreneurial investor, not an entrepreneur

- Patrick Tsang -

On dictating morality

“There is no wrong or right in the world—it depends on your perspective.”

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On the US/China split

“I don’t think there’s a decoupling or deglobalisation. The trade and investment will become more regionalised.”

Tsang’s first podcast guest

“He [Richard Turner] went blind at nine years old because his mum was abusing him and he used drugs and alcohol to escape. He walked a tightrope across a mountain blind. He got a black belt fighting off nine other guys and broke 30 bones.”

On finding opportunities

“Investing in people. That’s always the trick. Integrity and ability.”

On ethics

“Always try to do good, even if there is no karma. No one complains about a good guy.”

Quotes are edited for clarity and brevity.


Listen to the episode and subscribe using your preferred podcast platform on our Crazy Smart Asia podcast page.

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