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Son of Victor Fung, Spencer graduated with a bachelors from Toronto University and a MBA from Harvard Business School. He is currently a member of the Li&Fung group which his father co-founded. Relatively high profile family and can and can be frequently seen on the HK social circuit. Known to be a connoisseur of fine food, Spencer can often be found in HK’s finest restaurants with his friends and family. Family name has very strong political clout in HK