Li also held numerous positions including the vice-chairperson of Fu Hong Society, honorary steward of the
Hong Kong Jockey Club, director of his family owned
Bank of East Asia, director of King's College Old Boys' Association School Board, director of Rev. Joseph Carra Education Fund, council member of the Society for Rehabilitation, honorary president of the
Scout Association of Hong Kong, chairman of the Insurance Claims Complaints Board, and director and chairman of the Widow and Orphan Pension Board. He also established the Mr Li Koon Chun Memorial Fund and the Dr Simon Li Fook Sean and Madam Yang Yen Ying Fund for supporting the finances of the Chinese University of Hong Kong. ==Death and family==