About Us

The New Heritage Group is the privately held family office group for the Tao family, founded by C.F. Tao and managed by his sons, Richard and Paul.

The Group developed and managed multiple residential complexes, and retail centres in the PRC from 1993 to 2014. The PRC property development and investment businesses were successfully listed by IPO (initial public offering) on the Main Board of the Hong Kong Stock Exchange in December 2005 and traded as New Heritage Holdings Ltd (HKSE code 95). In 2014, the Tao family sold their controlling interest in the listed company to a third party and reverted to a private company to continue their property investment, development and private equity businesses.