, ▁She k ▁Wu ▁H ui ▁the ▁ind igen ous ▁market ▁town , ▁combined ▁with ▁modern ▁market ▁centre ▁Lu en ▁Wo ▁H ui ▁and ▁ind igen ous ▁villages ▁in ▁F an ling ▁( F an ▁L eng ▁Tai ▁W ai , ▁F an ▁L eng ▁Nam ▁W ai ▁and ▁F an ling ▁Pak ▁W ai ) ▁and ▁She ung ▁Sh ui ▁( She ung ▁Sh ui ▁W ai ), ▁was ▁selected ▁as ▁one ▁of ▁the ▁three ▁construction ▁sites ▁for ▁satellite ▁towns ▁( new ▁towns ). ▁The ▁two ▁other ▁market ▁towns ▁were ▁Tai ▁Po ▁and ▁Y uen ▁Long . ▁The ▁new ▁town , ▁F an ling ▁- ▁She ung ▁Sh ui ▁- ▁She k ▁Wu ▁H ui , ▁was ▁later ▁known ▁as ▁just ▁F an ling – She ung ▁Sh ui ▁New ▁Town . ▁ ▁The ▁villages ▁of ▁F an ling , ▁in ▁the ▁past ▁belonged ▁to ▁, ▁an ▁inter - v ill age ▁al liance . ▁The ▁al liance ▁founded ▁Tai ▁Wo ▁Sh i ▁circa ▁ 1 8 9 2 , ▁which ▁later ▁known ▁as ▁[ new ] ▁Tai ▁Po ▁H ui ▁( T ai ▁Po ▁Market ) ▁and ▁the ▁old ▁Tai ▁Po ▁H ui ▁became ▁Tai ▁Po ▁Old ▁Market ▁instead . ▁The ▁owner ▁of ▁Tai ▁Po ▁Old ▁Market , ▁Tang ▁cl an , ▁another ▁Five ▁Great ▁Cl ans , ▁also ▁involved ▁in ▁the ▁found ing ▁of ▁Lu en ▁Wo ▁H ui ▁in ▁ 1 9 5 1 , ▁a ▁relative ▁more ▁modern ▁market ▁centre ▁between ▁She k ▁Wu ▁H ui ▁and ▁Tai