Red Paint Vandalism Targets Hong Kong Restaurant Chain CEO’s Home
Hong Kong police are investigating an incident of criminal damage after red paint was splashed on the entrance to the home of Yeung Wai, CEO of Fulum Group, one of the city’s largest restaurant chains. The incident occurred early Wednesday morning, , in Yuen Long.
According to reports, police received a call around 6:07 a.m. Local time regarding a group of approximately eight men armed with knives arguing outside Mr. Yeung’s residence on Kam Pok Road. Officers arriving at the scene did not find the men, but discovered the red paint on the house’s plaque and gate. No injuries were reported.
Authorities are currently investigating whether the vandalism is linked to a financial dispute. The incident comes amid a challenging economic climate for Hong Kong’s restaurant industry, which has seen a number of closures in recent years due to high rents and economic pressures. A list of Hong Kong restaurant and bakery closures in 2025 highlights the ongoing difficulties faced by businesses in the sector.
While the Fulum Group incident occurred in 2021, recent events demonstrate a continued vulnerability within the Hong Kong hospitality sector. Just last week, , a fifth suspect was arrested in connection with a $4.5 million fake watch shop scam following deportation from Macau, indicating ongoing criminal activity in the Tsim Sha Tsui area, a popular dining and entertainment district.
The Tsim Sha Tsui area has also experienced a series of other incidents recently. On , a motor-trike flipped while responding to a collision, resulting in an officer being hospitalized. Earlier in the month, on , a mainland tourist was assaulted following a dispute with a ride-hailing driver. And on , police investigated a hit-and-run involving officers in the same district.
Beyond Tsim Sha Tsui, other parts of Hong Kong have also seen recent incidents. A fire broke out at a closed Turkish restaurant in Tsim Sha Tsui on , though firefighters quickly extinguished the blaze and no injuries were reported. A separate fire occurred at a To Kwa Wan jewelry shop altar during a prayer ritual on .
The broader context of unrest and protest in Hong Kong, as seen in the 2019–2020 Hong Kong protests, highlights a period of social and political tension. While the connection to the Fulum Group CEO’s home is currently being investigated as a potential financial dispute, the incident occurs within a climate of broader instability.
The investigation into the vandalism at Mr. Yeung’s home is ongoing, and police have not yet made any arrests. The incident serves as a reminder of the challenges facing business leaders in Hong Kong and the potential for targeted attacks, even as the city navigates a complex economic and political landscape.
