Billionaire playboy Cecil Chao and Chinese actress Fan Bingbing dance while illuminating Christmas tree at Villa Cecil

13th December 2024 – (Hong Kong) Chinese actress Fan Bingbing made a surprise appearance at a Christmas party hosted by tycoon Cecil Chao Sze-tsung today, captivating guests with an impromptu dance performance. The event, held at Villa Cecil, also served as a promotional gathering for Chao’s property group, Cheuk Nang Holdings.

Fan Bingbing and Cecil Chao

Chao, accompanied by his children, created a warm family atmosphere as they celebrated the festive season. The evening featured live music and performances, culminating in a heartwarming moment when Fan Bingbing joined Chao to light the Christmas tree. Chao expressed that it had been nearly four years since he last hosted a party due to the pandemic, and he invited Fan because of her impressive acting skills and beauty.

During the event, Fan Bingbing revealed her keen interest in home decoration but remarked on the high property prices in Hong Kong, noting her intention to keep an eye on local real estate opportunities. She described stepping into luxury homes as an extravagant experience but acknowledged that she has yet to purchase property in the city.

The actress shared insights into her professional life, stating that she had filmed two movies this year, including a Hollywood project and a collaboration with Malaysia. She also announced plans to begin filming in Japan next year.

Cecil Chao indicated confidence in the Hong Kong property market, particularly for luxury developments, asserting that demand remains robust despite current economic uncertainties. He plans to tender two projects next month: one on The Peak in Hong Kong and another in Kuala Lumpur, Malaysia.

Chao’s focus on residential properties aligns with his belief in their long-term stability, contrasting with the more volatile commercial real estate market. He expressed hope for a gradual recovery in both property and stock markets, which could alleviate the government’s fiscal challenges.

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