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Li Ka-shing
TOPIC
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Li Ka-shing

Related Topics:
Victor Li
Richard Li Tzar-kai
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
The sale of CK Hutchison’s two ports at each end of the Panama Canal were part of a US$23 billion deal that will leave the company pocketing US$19 billion in cash. Photo: Reuters
Hong Kong politics

Hong Kong group ‘will not sign Panama deal next week’, Beijing to launch probe

Beijing to launch antitrust probe into deal by Li Ka-shing’s conglomerate.

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Hong Kong politics

Fourth Beijing warning for Li Ka-shing’s Hutchison over Panama ports deal

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Hong Kong economy

Exclusive | Hutchison, government in talks to see if there’s any way out as deadline nears

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Hong Kong politics

Li Ka-shing’s Hutchison gets another Beijing warning over Panama ports sale

Beijing’s top offices on Hong Kong post article quoting residents urging firm to stand up to US pressure and to stand on the right side of history.

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Hutchison operates two ports at the Panama Canal. Photo: Reuters
Hong Kong politics

Eyebrows raised over Hong Kong’s Richard Li in Beijing, observers say

Younger son of tycoon Li Ka-shing rubbed shoulders with elites on weekend in nation’s capital, but observer says Beijing sees him as separate to controversial deal.

Hong Kong politics

City Beat | Beijing is upset, but why is it limiting criticism of Hutchison’s Panama deal?

Closer look at Beijing’s mixed ‘semi-official’ approach to voicing disapproval shows what is at stake in saga involving Li Ka-shing’s conglomerate.

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Hong Kong economy

Panama ports deal of strategic importance, say Hong Kong political heavyweights

‘Not easy’ for Hong Kong or mainland Chinese firms to take part in ‘some strategic projects’, NPC Standing Committee member Starry Lee says.

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A cargo ship sails past the Panama Canal’s Port of Balboa, managed by CK Hutchison. Photo: AP
Mergers & Acquisitions

Li may swing BlackRock deal with just 15% of minority owners’ votes

Minority shareholders are also expected to support the sale to receive a special bonus of as much as HK$25 a share, they said.

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Hong Kong politics

BlackRock-Hutchison Panama ports deal: 25-year timeline to troubled waters

From Trump’s vow to retake Panama Canal to Beijing’s scathing attack on Hutchison’s deal, the Post chronicles the latest developments.

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Hong Kong property

2 of Hong Kong’s biggest developers miss profit goals amid slump

‘The global economy is expected to remain challenging in 2025’, says CK Asset chairman Victor Li Tzar-kuoi.

CK Asset chairman Victor Li Tzar-kuoi. Photo: Handout
Mergers & Acquisitions

Hutchison stays mum on plan to sell port assets amid Panama spat, China rebuke

No event that might require disclosure was identified, Hutchison said, leaving the onus on shareholders to question the directors at its AGM on May 22.

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The entrance of the Balboa Port in Panama. Photo: Reuters
Hong Kong economy

Black eye for BlackRock-Hutchison Panama ports deal? Not so easy, say experts

Legal tools to smash the sale are not really available as Hong Kong is a very free place for business, observers say.

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US-China trade war

What’s behind the pro-Beijing camp’s criticism of the Panama ports deal?

The backlash against Hutchison’s ports sell-off is designed to send a message to other Chinese firms with overseas assets, analysts say.

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Hong Kong politics

Hutchison’s Panama ports deal must comply with the law: Hong Kong’s John Lee

Beijing conducting major review of port and shipping assets held by private mainland and local businesses, source says.

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Chief Executive John Lee has said concerns arising from the sale of Panama Canal ports by tycoon Li Ka-shing’s CK Hutchison Holdings deserve “serious attention”. Photo: Elson Li
Hong Kong politics

‘Contribute with a political perspective,’ Beijing’s top man in Hong Kong says

Zheng Yanxiong tells business leaders to be vigilant and make contributions to national development at seminar on ‘spirit’ of ‘two sessions’.

Beijing’s top representative in Hong Kong met with business leaders and politicians on Monday. Photo: Handout
Hong Kong economy

BlackRock, buyer of Hong Kong Hutchison’s Panama ports, in the spotlight

Elite US institutional investor has a significant presence in Hong Kong but has kept a studiously low profile.

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Hong Kong economy

Can Hong Kong’s Hutchison ride out storm over Panama ports deal after Beijing attack?

Experts say Hutchison, part of tycoon Li Ka-shing’s empire, is now caught in a dilemma and might end up being punished by both the United States and China.

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Hong Kong stock market

China’s fiery criticism of Panama port deal puts pressure on Li Ka-shing family

The US$23 billion sale is not final, but needs no Chinese or Hong Kong approval, leaving CK Hutchison to decide whether to proceed, analysts say.

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A cargo ship traverses the Agua Clara Locks of the Panama Canal in Colon, Panama, on September 2, 2024. Photo: AP
Hong Kong politics

Top Beijing office runs scathing attack on Panama deal by Hong Kong’s Hutchison

Conglomerate under fire over bombshell announcement it is selling Panama Canal port operations in deal led by US firm BlackRock.

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Diplomacy

My Take | Realist Xi vs fabulist Trump, just guess who will come out on top

US president’s Panama Canal move, while having made a lot of money for HK tycoon, is more like misdirected fire than a win over Beijing.

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CK Hutchison

S&P expresses concern about CK Hutchison’s diversification after ports sale

‘The completion of the transaction could also lead us to revisit our assessment of CKHH’s business diversification,’ S&P says.

People passed the Cheung Kong Center in Central. Photo: AFP
Hong Kong

Li Ka-shing’s CK Life to post loss on higher R&D outlay, lower vineyard value

The company said the loss for 2024 could come in at HK$126.6 million (US$16.3 million) versus a profit of HK$17.3 million the previous year.

An undated view of the Edinger Estate vineyard in Western Australia. Photo: Handout
Hong Kong politics

1 word to unpack Hutchison’s exit from Panama and other ports: geopolitics

Li Ka-shing’s company would have come under increased US scrutiny and risked fight in American court if it held on to overseas docks, sources say.

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Hong Kong economy

How Li Ka-shing turned Hong Kong’s CK Hutchison into a Panama power player

The Post revisits how firm’s port empire was built and looks ahead at what the surprise divestment means for future of world trade.

Mergers & Acquisitions

Li Ka-shing’s Hutchison steps back from global ports amid trade war

CK Hutchison said it would sell 80 per cent of its stakes in 43 ports in 23 countries, including Panama but excluding mainland China and Hong Kong.

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Hong Kong tycoon Li Ka-shing during a news conference following a shareholders meeting in Hong Kong May 20, 2011 before his retirement from the company. Photo: Reuters
Hong Kong economy

Hong Kong Disneyland reports record profit, plans more free tickets for helpers

Net profit in 2023-2024 rebounded to HK$838 million from a net loss of HK$356 million in 2022-23, the first profit in a decade.

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Hong Kong Disneyland is also planning to offer free tickets to domestic helpers. Photo: Edmond So
Hong Kong property

CK Asset raises Blue Coast II flat prices amid Hong Kong market optimism

Price of the next batch of 62 units raised by 2 per cent to an average of HK$22,781 (US$2,930) per square foot.

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Hong Kong property

Hong Kong tycoon’s family sells The Center office floors at 34% loss

Ma Ah-muk bought the floors in 2018 from Li Ka-shing’s CK Asset as part of what was then the world’s priciest property transaction.

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