Alfred Cheung's hometown is Kaiping City, Guangdong province. He was born in Hong Kong in 1956 and also grew up there. His mother, with one suitcase and two children, left their hometown in order to find better opportunities in the prospering city of Hong Kong. There, Cheung grew up in a poor neighborhood, whilst his mother worked as a bar girl and domestic helper.
Upon graduating from the Chinese Language & Literature Faculty of the Hong Kong Baptist University, Alfred Cheung earned a diploma in film production from the Chinese University of Hong Kong. Cheung has been involved in the movie-making industry since he was young and attended The New School in New York, pursuing advanced studies in the Art of Movies.