- Brother of Jimmy Heung.
- He broke with Jimmy Heung in 1995, as he felt that Jimmy's style of negotiating business too closely resembled that of a Triad member. Charles has long since tried to steer clear away from his family's triad past.
- In 1984, he and his brother, Jimmy Heung, founded the Win's Group production company in Hong Kong.
- In August 1993, he and his brother, Jimmy Heung, opened a multimillion-dollar, 200,000-square-foot movie studio in Shenzhen.
- Founded the China Star Entertainment Group in 1992. To this day, it is one of the most powerful film companies in Hong Kong.
- Established One Hundred Years of Film Co. Ltd. in 1999 alongside director Johnnie To. A company dedicated to developing a huge library of content for his company China Star Entertainment Group.
- A co-owner of the Top Ten, a nightclub in Beijing.
- In 2006, he and his wife, Tiffany Chen made reports that they plan to open a casino run by China Star.
- Was an agent for action star Jet Li after his agent was murdered in April 1992.
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