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Li Ka-shing
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Li Ka-shing

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Li Ka-shing
Li Ka-shing
Li Ka-shing is Hong Kong's richest person. He is chairman of the board of conglomerate CK Hutchison Holdings.
Born
29 Jul 1928
Industry
Business
Job Title
Founder, Cheung Kong Group
At least 500 customers have suffered financial losses due to the abrupt closure of Hotstone Yoga, one customer has said. Photo: Silvia Siu
At least 500 customers have suffered financial losses due to the abrupt closure of Hotstone Yoga, one customer has said. Photo: Silvia Siu
Hong Kong economy

Hotstone Yoga director arrested over unfair trade practices after abrupt closure

Closure also prompted lawmakers to urge authorities to widen scope of proposed statutory cooling-off law to cover wider wellness market.

Hong Kong politics

Top Chinese official leads 87-member committee for Tung Chee-hwa state funeral

Hong Kong society

Hong Kong tycoon empires, foundations vow 30m yuan for China-Nepal flood relief

Hong Kong economy

CK Hutchison’s HK$11.7b Panama ports dispute could take years to resolve

Latest claim by Li Ka-shing family-backed conglomerate and separate subsidiary action bring total demands over the takeover to more than HK$27.3 billion.

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CK Hutchison has launched arbitration against Panama, seeking more than HK$11.7 billion over the country’s takeover of the Balboa and Cristobal terminals. Photo: AP
The Hong Kong conglomerate says Panama’s takeover of the Balboa and Cristobal terminals breached an investment-protection treaty. Photo: Elson Li
Hong Kong stock market

From chasing robots to chasing profits: the numbers moving markets

Unitree Robotics, US inflation rates, gold prices, Hong Kong homes and CK Hutchison’s interim results were in the spotlight this week.

Hong Kong economy

CK Hutchison says ‘forced termination’ of Panama ports cut 1% off throughput

Despite Panama exit, port business’ earnings before interest, taxes, depreciation and amortisation up 4 per cent to HK$9.03 billion in first half.

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Hong Kong property

CK Hutchison Holdings reports 31-fold surge in first-half profit

Global environment in the first half of 2026 was ‘exceptionally turbulent and uncertain’, says chairman Victor Li Tzar-kuoi.

A screenshot of CK Hutchison Holdings’ chairman Victor Li Tzar-kuoi from the 2025 CK Hutchison general meeting. Photo: Handout
Hong Kong society

Li Ka Shing Foundation, Disney gift 24,000 domestic helpers Toy Story 5 tickets

Registration on Klook to open at 9pm on Wednesday in latest collaboration between Hong Kong tycoon’s charity foundation and The Walt Disney Company.

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Hong Kong property

Cheung Kong Center II tests higher rents amid rebound in Central office market

The high-profile tower initially struggled to lease out space, but is now testing HK$100 per square foot rents amid rising demand for Central offices.

Lessons from China's history

Reflections | From Hong Kong to Singapore, how China’s Teochew have left an outsized mark

Hit Teochew family drama Dear You spotlights a Chinese community with a long, influential history and notable figures like Li Ka-shing.

Li Ka-shing meets the media at the Hong Kong Convention and Exhibition Centre in Wan Chai in January 2019. The multibillionaire tycoon is arguably the most well-known Teochew person in Hong Kong. Photo: Felix Wong
Hong Kong property

US$46.2 million penthouse sale in Mid-Levels sets a 2026 record

The sale at the luxury development is the highest price per square foot in a first-hand transaction so far this year.

A view of residential buildings in Hong Kong’s Mid-Levels. Photo: May Tse
SCMP Highlights

Xi hosts Putin over tea; rare earth find in northeast China: 7 highlights

From the Iran conflict rattling Chinese investors to Li Ka-shing’s charitable support, here are highlights from SCMP’s recent reporting.

Mergers & Acquisitions

Li Ka-shing’s CK Hutchison rules out sale of Hong Kong supermarket ParknShop

Chain operator’s executive dismisses speculation of a tie-up, and praises staff amid an ‘extremely competitive environment’.

Hong Kong healthcare and hospitals

Li Ka-shing charity to subsidise liver cancer surgery for 200 patients

‘Love Can Help’ scheme through billionaire’s foundation will subsidise histotripsy treatment, cutting costs from about HK$260,000 to HK$50,000.

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Hong Kong tycoon Li Ka-shing, pictured in a rare recent photo, will subsidise liver cancer surgery for 200 patients through his foundation’s Love Can Help scheme. Photo: Li Ka Shing Foundation
From our archives

On This Day | Hong Kong’s iconic Bank of China Tower opens in 1990 – SCMP archive

Opening 36 years ago today, the landmark skyscraper was Hong Kong’s tallest at the time.

The historic Bank of China building (centre) flanked by the tower under construction (left) in 1988. Photo: P Y Tang
Banking & finance

CK Hutchison’s VodafoneThree exit sparks dividend speculation

Disposal of stake in UK’s biggest mobile carrier adds HK$2 billion profit, but conglomerate unlikely to declare special dividend: Citigroup.

Hong Kong property

DBS Hong Kong expands footprint with US$334 million The Center purchase

Hong Kong’s biggest office deal this year signals return of confidence to city’s core commercial market.

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Hong Kong economy

CK Hutchison expands Panama ports claim as losses ‘surpass’ US$2 billion

Subsidiary Panama Ports Company slams Panamanian government’s ‘attack campaign’ as it expands international arbitration claim over damages.

Panama Ports Company, a subsidiary of Hong Kong conglomerate CK Hutchison Holdings, claims Panama’s seizure of its port concessions have resulted in damages of more than US$2 billion. Photo: AP
Hong Kong economy

Panama⁠ accuses CK Hutchison subsidiary of lying about arbitration response

President Jose Raul Mulino slams Panama Ports Company for accusing country of failing to file response to arbitration request.

Hong Kong property

Hong Kong’s CK Hutchison reports 7% gain in underlying profit

Diversified business mitigates impact of adverse developments including ‘legal conflict’ over Panama ports, chairman says.

Hong Kong economy

CK Hutchison subsidiary slams Panama for missing arbitration deadline

Panama Ports Company also confirms offices were raided by alleged ‘armed security forces’ and accuses authorities of disregarding rule of law.

Balboa port was seized by Panamanian authorities in February. Photo: AP
Hong Kong property

Hong Kong businessman expected to take loss on Peak sites he bought for US$255m

Tender for three Peak Road lots follows sale by Chan King-wai’s family of another Peak property last year at estimated 56 per cent loss.

The sites at 86, 88 and 90 Peak Road sold in 2017 for about US$255 million. Photo: Google Map
Hong Kong economy

CK Hutchison subsidiary seeks US$2 billion for Panama’s takeover of canal ports

Panama Ports Company says it has submitted claim for arbitration in compliance with rules of International Chamber of Commerce.

Hong Kong economy

CK Hutchison escalates legal action over Panama ports seizure

Hong Kong tycoon Li Ka-shing’s conglomerate accuses Panama authorities of ignoring requests for communication and keeping group in the dark.

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Millionaires, billionaires and trillionaires

China reclaims title as world’s billionaire capital: Hurun Rich List

Global billionaire population hits record, led by Elon Musk, as China adds 287 names and AI emerges as a top wealth generator.

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Cargo ships sail through Shanghai on January 13, 2026. Photo: EPA
Hong Kong economy

Panama raids CK Hutchison subsidiary office, days after taking over canal ports

Panamanian media says local authorities searched office of Panama Ports Company, which operated Balboa and Cristobal ports until this week.

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Panamanian police search a Panama Ports Company office. Photo Reuters
Hong Kong stock market

Hong Kong stocks cap worst month since October on AI disruption angst

Concerns over AI’s disruptive impact on traditional industries continue to unsettle investors.

Hong Kong economy

Panama’s port takeover ‘culmination of a campaign’ against CK Hutchison

Company says officials entered terminals ‘without invitation’, told staff concession had ended and ordered immediate halt to operations.

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