Our People

Kenny Lui

Managing Director

FCPA, CAIA, LLM

Kenny is the Managing Director of WeValue. He has over 20 years of professional and practical experience in international accounting firms and international financial services company. Prior to joining WeValue, Kenny was a director in Deloitte valuation and modelling team. He served Deloitte valuation and modelling team for almost 13 years upon its establishment of its valuation team in Hong Kong. Before joining Deloitte, he served the audit function of PricewaterhouseCoopers as well as the finance team of Zurich Insurance Group responsible for the valuation and financial modelling.

Kenny has extensive experience in performing various types of valuation, including business valuation, financial instruments valuation, intangible assets valuation, investment portfolio valuation, expected credit losses assessment, long service payment provision assessment, etc.

He drove numerous mega-size cross border and domestic transactions, including valuation advisory projects for mergers and acquisitions, direct investment, fundraising, restructuring, dispute resolution, corporate strategic planning and acquisition price negotiation, etc. Those cross border M&A transactions he drove involved target companies located in UK, US, Germany, Australia, Kenya and Ethiopia, etc.

He has in-depth knowledge of fair value accounting, particularly in equity valuation, purchase price allocation, impairment testing, preferred share valuation, loan valuation, option valuation, and convertible bond valuation, etc. While in his service with Deloitte, he not only performed numerous valuation engagements for financial reporting purposes for external clients, he worked with the audit team to endorse valuation opinion as to the fair value adopted by its audit clients.

His industry experience includes financial services, insurance, securities brokerage, assets management, internet, online payment, gaming, hotel, movie theatre, telecommunication, automobile, manufacturing, bottling and beverages, medical devices, pharmaceutical, hospital, in vitro fertilization (IVF), real estate, transportation (including airline, railway, ferry, bus), infrastructure, oil and gas, power plant and renewable energy, etc.

Kenny frequently speaks on valuation topics at various seminars for accounting associations, corporate clients, universities, etc.

Balder Tsang

Senior Manager

CFA

Balder is a Senior Manager of WeValue. He has 12 years of experience in valuation and investment management. Prior to joining WeValue, he served the investment management function of an asset management firm, a private equity investment fund as well as a family office.

Balder has extensive experience in performing various types of valuations, particularly in preferred shares valuation, purchase price allocation, impairment testing, financial instrument valuation, expected credit losses assessment, long service payment assessment and business valuation for pre-IPO valuation, transaction and financial reporting purposes.

Balder had been involved in valuation engagements across various industries. His experiences include performing preferred shares and financial instrument valuation for a China-based technology company for pre-IPO valuation purposes, purchase price allocation assessments of a Denmark lighting trading company, impairment assessments of a Philippines business aviation service company and China utility company and fair value assessment of a new energy vehicle group based in China.

Jerry Tam

Senior Manager

CFA, CAIA

Jerry is a Senior Manager of WeValue. He has 8 years of experience in valuation advisory, investment advisory and credit approval. Prior to joining WeValue, he worked for another professional valuation firm as an associate director. Before that, Jerry used to serve the investment advisory and credit approval function in the banking industry. Jerry has extensive experience in performing various types of valuations, particularly in business valuation, impairment testing, preferred shares valuation, purchase price allocation, tangible and intangible asset valuation, financial instrument valuation and expected credit losses assessment for financial reporting and transaction purposes.

Jerry had been involved in valuation engagements across various industries. His experiences include performing impairment assessments of a Myanmar production base for a knitwear manufacturing company, purchase price allocation assessments of a French medical instruments trading company, preferred shares valuation for an investment portfolio of the investment arm of a renowned property development company, business valuation and pro-forma purchase price allocation assessments of a property management company in China.

Jerry has in-depth knowledge in a wide variety of industries, including medical devices, e-commerce, knitwear manufacturing, pharmaceutical, consumer products, financial services, assets management, manpower outsourcing, telecommunication, oil and gas, medical and healthcare services, automobile parts and accessories, property development and management, building and construction engineering services etc.