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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
A Panama court ruling has stripped the Hong Kong-based conglomerate’s subsidiary, Panama Ports Company of its right to operate the Balboa and Cristobal terminals. Photo: Reuters
Hong Kong economy

CK Hutchison faces limited legal options after Panama voids port rights: experts

Beijing will need to step in if the case is to be brought to an international court in The Hague, legal expert tells SCMP.

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Hong Kong economy

CK Hutchison tipped to sell remaining ports despite Panama court ruling: experts

Hong Kong economy

Beijing, Hong Kong slam Panama court ruling on CK Hutchison ports concession

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Hong Kong society

Wild boar carcass found near Li Ka-shing’s home in Hong Kong sparks brief scare

Video circulating online shows police and fire vehicles outside residence after security guard notifies authorities of strong odor.

The carcass was found near the premises of tycoon Li Ka-shing’s Deep Water Bay mansion. Photo: Handout
Mainland China

Watson pivots to ‘instant retail’, community stores to revitalise China sales

Watsons currently operates more than 17,000 stores in 31 markets around the world.

Mergers & Acquisitions

Li Ka-shing’s CK Infrastructure gets nod to sell UK train leasing firm

Deal to dispose of UK Rails (Eversholt Rail), which was bought in 2015, ‘will generate substantial revenue’, company says.

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Hong Kong economy

Could 2026 be the make-or-break year of CK Hutchison’s Panama ports deal?

What began as a strategic exit for a Hong Kong conglomerate has devolved into a high-stakes stand-off between Washington and Beijing.

The Panama port deal still hung in the balance by the close of 2025. Photo: AFP
Hong Kong’s Tai Po fire tragedy

Nina Wang trust donates HK$100 million to fire victims, surpassing Li Ka-shing

The sum exceeds HK$80 million donated by Li Ka Shing Foundation, which made its contribution a day after last month’s deadly blaze in Tai Po.

Hong Kong politics

Advisory panel urges US Congress to put Hong Kong on tighter sanctions leash

Report says government’s ongoing crackdown on dissidents ‘has eliminated a once vibrant civil society and created an atmosphere of repression comparable to mainland China’.

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Hong Kong society

Veteran suit maker recounts the rise and fall of Hong Kong tailoring industry

Master Woo, who dressed prominent figures such as tycoon Li Ka-shing, says greatest regret is not being able to pass on decades-long experience to next generation.

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Veteran tailor Benny Woo. Photo: Sun Yeung
Hong Kong property

Li Ka-shing’s CK Asset, SHKP among six bidders for MTR’s Tuen Mun site

The site, with a residential gross floor area of more than 600,000 sq ft, is expected to generate some 1,280 flats and car park spaces.

The site is estimated to fetch between HK$1.8 billion and HK$2.3 billion. Photo: May Tse
Crime in Hong Kong

Man arrested in Hong Kong over splashing red paint in CK Asset’s office lobby

Source says suspect demanded to speak to former company chairman Li Ka-shing before splashing paint in Cheung Kong Center’s lobby.

2025 National Games

Hong Kong business chiefs, community gear up for National Games torch relay

Athletes such as fencer Kaylin Hsieh and businessmen like Sino Land chairman Daryl Ng and Henderson Land chairman Martin Lee are on list.

Millionaires and billionaires

China minted a new billionaire a day last year, Hurun’s Rich List says

A record 1,434 individuals, each with a net worth of more than US$700 million, have made it onto Hurun’s list of China’s richest people.

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Zhong Shanshan has reclaimed the No 1 position this year after his fortune surged 56 per cent. Photo: Handout
Hong Kong healthcare and hospitals

Hong Kong’s CUHK eyes wider use of ‘painless’ liver cancer care after 96% success

Patient benefiting from histotripsy machine donated by Li Ka-shing says non-invasive treatment similar to ‘taking nap’.

(From left) Professor Kenneth Chok and Professor James Griffith pose with histotripsy equipment. Photo: Karma Lo
US-China trade war

CK Hutchison gets encouraging signs of a deal with Panama government

Panama is still open to being flexible and reaching an amicable agreement with CK Hutchison, owned by Hong Kong billionaire Li Ka-shing.

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Mergers & Acquisitions

CK Life unit merges with TransCode as Li Ka-shing firm eyes anticancer drugs

Upon completion of the transaction, CK Life will own about 9.1 per cent of TransCode’s outstanding common shares.

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Health & Fitness

Li Ka-shing-backed focused ultrasound therapy treats 1 millionth case

The therapy, which uses ultrasound energy to treat a number of diseases including cancer, is gaining global traction, a US expert says.

Minnesota-based HistoSonics makes focused ultrasound machines for treating liver tumours. Photo: Handout
Panama

China says top US envoy to Panama ‘spreading lies’ after ‘malign’ presence jibe

Exchange of sharp accusations is latest instance of US-China tensions flaring over strategically important Central American country.

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Hong Kong healthcare and hospitals

Cancer machine donated by Li Ka-shing on Hong Kong list of approved devices

With listing approved by authorities, device that destroys cancer cells with ultrasound waves could become more widely used in public hospitals.

Hong Kong property

Hong Kong homebuyers snap up the city’s first sale after rate cuts

New World Development and CK Asset Holdings sold 120 apartments, or 66 per cent of the 190 flats on offer at two locations in Hong Kong.

New World Development offered 120 units of its House Muse residential project in Kowloon City at K11 ATELIER in Quarry Bay on September 19, 2025. Photo: Karma Lo
Hong Kong property

Hong Kong’s ‘Cassette King’ offers to sell luxury property to pare debt

David Chan plans to sell a three-storey mansion at 51 Mount Davis Road on Hong Kong Island to repay debt, he says in a phone interview.

51 Mount Davis Road on Hong Kong Island. Photo: Google Maps
Hong Kong property

CK Asset’s first-half profit falls 26% amid Hong Kong property market challenges

Profit falls to HK$6.3 billion (US$806.4 million) in the first half, below analysts’ expectations of about HK$14.2 billion.

Hong Kong stock market

CK Hutchison says US$23 billion global ports sale delayed until 2026

The deal is taking much longer than expected because of the size and complexity, co-managing director Frank Sixt says.

First Mention

When Hong Kong got its first kidney dialysis treatment centre in 1981

Millions were raised to fund the medical centre, with charitable donations from the likes of the Jockey Club and businessman Li Ka-shing, reported the Post at the time.

From left: chairman of the Kidney Foundation Lee Quo-wei, Hong Kong acting governor Sir Jack Cater, and director of medical and health services Thong Kah-leong at the opening ceremony of a new kidney dialysis centre run by the Hong Kong Kidney Foundation in 1981. Photo: SCMP Archives
Hong Kong property

Hong Kong’s Worfu mall faces seizure after US$190 million loan default

The mall was used as collateral by a joint venture backed by Schroders Capital and Chelsfield Asia’s fund.

Worfu mall in North Point was formerly known as Provident Square. Photo: May Tse
Donald Trump’s China policy

China hawk to join Fed, exports surge, deflation risk

This week: Stephen Miran was nominated to the US Federal Reserve board, China’s July exports surged and Beijing waived preschool fees to boost population. Next week: US-China trade war pause may be extended, July economic data, humanoid robot games and more.

Millionaires and billionaires

Tsz Shan Monastery book offers peek into Li Ka-shing’s philosophy

Titled ‘Eternity in Light’, the five-chapter tome features writings about the Tsz Shan Monastery to mark its 10th anniversary.

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