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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
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
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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Hong Kong stock market

From chasing robots to chasing profits: the numbers moving markets

Hong Kong economy

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

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.

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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.

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’.

ParknShop operates more than 240 outlets, including those under Fusion, Taste, Taste x Fresh, Food Parc and Great Food Hall. Photo: Jelly Tse
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.

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.

The Center – once the world’s most expensive skyscraper – at 99 Queen’s Road, Central, Hong Kong. Photo: Nora Tam
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.

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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.

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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Panamanian police search a Panama Ports Company office. Photo Reuters
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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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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CK Hutchison has said Panama will be responsible for “any harm and damage caused by the confiscatory actions it has taken”. Photo: Jelly Tse
Hong Kong Monetary Authority (HKMA)

Letters | Can Hong Kong’s Exchange Fund capture the growth of tomorrow?

Readers discuss the Hong Kong Monetary Authority’s investment strategy in comparison with Singapore’s Temasek, Australia’s media bargaining mechanism, and Chinese New Year Cup ticketing.

Robin Zeng (centre), chairman of CATL, the world’s largest maker of electric vehicle batteries, strikes the gong at the listing ceremony in Hong Kong on May 20. Photo: AP
Hong Kong courts

Henderson Land’s Martin Lee sues actress Chrissie Chau for defamation

Chairman accuses actress of spreading malicious rumours about their supposed relationship for personal fame.

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Hong Kong economy

CK Hutchison pursues ‘all legal options’ on Panama ports, invites consultations

Conglomerate says authorities have ‘advanced steps towards a forced exit’ of Panama Ports Company (PPC) and are preparing to transition port operations.

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