- Besides his fluency with the Chinese language, Alan is also conversant with English, both spoken and written.
- A successful businessman in Hong Kong with restaurants (Taiwan Beef Noodle, Taiwan Chicken Farm, The Banyan Tree) in many areas of Hong Kong. He owns an entertainment club called the New York Club and has invested in property.
- Said to have owned 20 dogs currently from a variety of breeds. He keeps fit by exercising and running every day sometimes with the dogs for company.
- Brother of Rover Tang.
- Founded both the In-Gear Film Production Company, Ltd. in 1987 and The Wing-Scope Company in 1977. Between these two companies, a total of 25 movies were made.
- Instrumental as producer to the films during the early career of auteur director Kar-Wai Wong.
- Is the father of two daughters with his wife, Janet Yim (Yim Siu-Ping), named Yip-Yan and Yip-Wai.
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