In the early 1980s, Zeman felt that Hong Kong had no western restaurant that suited his needs, so in 1983 he opened California Restaurant in Lan Kwai Fong, a narrow street in Central. He bought the entire block in 1984 and thus launched his career as both an entertainment operator and property developer. Through Lan Kwai Fong Holdings Ltd, of which he is chairman, he drove the development of Lan Kwai Fong to be one of the most important bar and night life districts in Hong Kong.
In 2004, Zeman was invited by the then-Chief Executive of Hong Kong, Tung Chee-hwa, to become the chairman of Ocean Park. He managed to raise visitor numbers despite the opening of rival Hong Kong Disneyland, making the park more attractive and, remarkably, the park generated record profits.
In 2001, he was appointed a Justice of the Peace in Hong Kong, in 2004, he was awarded the Gold Bauhinia Star and in 2011 he was awarded the Grand Bauhinia Medal.
Lan Kwai Fong Holdings Ltd., developer of Hong Kong’s stretch of bars and restaurants of the same name, plans to raise as much as $800 million next year and may consider a public offering later as it expands in China.
Wynn Macau Ltd. , the unit of the casino company founded by billionaire Steven Wynn , and Lan Kwai Fong Holdings Ltd. stopped buying ingredients from Japan for their Japanese restaurants on concern of radiation leaks.
Hong Kong should build a free-trade zone with the neighboring Chinese province of Guangdong to make it a more competitive commercial and financial center for the world’s second-biggest economy, a former top city official said.
Wynn Macau Ltd. will hold an emergency meeting of its board to discuss removing Japanese billionaire Kazuo Okada after parent Wynn Resort Ltd. accused him of illegal payments to Philippine gambling regulators.