Vimeo
LinkedIn
Instagram
Share |

li ka-shing

July 25, 2012

It has been a week of consolidations in the family business world – German firm Bosch is to acquire fellow family-owned Ampack, a Hong Kong group is eyeing a non-family company in the UK, while an Indian conglomerate wants to make its mark in Australia.

It has been a week of consolidations in the family business world – German firm Bosch is to acquire fellow family-owned Ampack, a Hong Kong group is eyeing a non-family company in the UK, while an Indian conglomerate wants to make its mark in Australia.

May 28, 2012

Li Ka-shing is planning to offer financial support to help his younger son Richard to build his own business empire, while eldest son Victor will take charge of Cheung Kong Holdings and Hutchison Whampoa when the 83-year-old billionaire decides to step down.

Li Ka-shing is planning to offer financial support to help his younger son Richard to build his own business empire, while eldest son Victor will take charge of Cheung Kong Holdings and Hutchison Whampoa when the 83-year-old billionaire decides to step down.

Speaking at a shareholders meeting on 25 May, Li confirmed that although he has no plans to retire, Victor will take the helm when he does.

January 6, 2012

Hong Kong’s three richest individuals are all family business owners but their fortunes declined last year as economic growth slowed in China, according to the city-state's latest rich list.

Hong Kong’s three richest individuals are all family business owners but their fortunes declined last year as economic growth slowed in China, according to the city-state's latest rich list.

Forbes magazine said Li Ka-shing, the 83-year-old chairman of family-controlled conglomerates Hutchison Whampoa and Cheung Kong Holdings, is Hong Kong’s wealthiest individual with approximately $22 billion (€17.2 billion) in assets. This represents an 8% decline from last year’s $24 billion.

August 12, 2011

Just 20 or 30 years ago, octogenarian family-business leaders were few and far between. Now, as life expectancy rises, an increasing number of business leaders are in their 80s and demographic trends will ensure this rises further in the future. But does it make good business sense?

Just 20 or 30 years ago, octogenarian family-business leaders were few and far between. Now, as life expectancy rises, an increasing number of business leaders are in their 80s and demographic trends will ensure this rises further in the future. But does it make good business sense?

April 6, 2011

Cheung Kong Holdings, controlled by billionaire Li Ka-shing, plans to list another part of its conglomerate – this time in Hong Kong – just weeks after its IPO in Singapore raised $5.5 billion.

Cheung Kong Holdings, controlled by billionaire Li Ka-shing, plans to list another part of its conglomerate – this time in Hong Kong – just weeks after its IPO in Singapore raised $5.5 billion.

Hui Xian, the real estate investment arm of Ka-shing’s conglomerate, plans to raise around $1.5 billion by floating 40% of its stock in Hong Kong, say reports.

January 18, 2011

Hong Kong-based conglomerate Hutchison Whampoa, controlled by billionaire Li Ka-shing, announced on 17 January plans to list its new entity, Port Holdings Trust. The initial public offering could be Singapore’s biggest ever and add significantly to the fortunes of Hong Kong’s wealthiest man.

Hong Kong-based conglomerate Hutchison Whampoa, controlled by billionaire Li Ka-shing, announced on 17 January plans to list its new entity, Port Holdings Trust. The initial public offering could be Singapore’s biggest ever and add significantly to the fortunes of Hong Kong’s wealthiest man.

The world’s largest container-terminal operator plans to list its deep-water port holdings in Hong Kong and southern China, while still retaining a 25% stake in the trust that currently owns the terminals.

August 6, 2010

Hutchison Whampoa, the Hong Kong-based company controlled by Li Ka-shing, announced better than expected results for the first half of 2010 on the back of growth in its ports, property and retail businesses and smaller than predicted losses in its mobile phone operations.

Hutchison Whampoa, the Hong Kong-based company controlled by Li Ka-shing, announced better than expected results for the first half of 2010 on the back of growth in its ports, property and retail businesses and smaller than predicted losses in its mobile phone operations.
 
The group's profits were up 12% to HK$6.5 billion compared with the same period last year, while losses in the 3G mobile phone business showed an 82% fall, shrinking to HK$998 million, compared with HK$5.5 billion for first half of 2009.

July 30, 2010

Li Ka-shing, the 82-year-old head of the Cheung Kong Group of companies, shows no signs of taking a back seat in his business empire as he leads a £5.8 billion acquisition bid for the UK electricity grid owned by EDF energy.

Li Ka-shing, the 82-year-old head of the Cheung Kong Group of companies, shows no signs of taking a back seat in his business empire as he leads a £5.8 billion acquisition bid for the UK electricity grid owned by EDF energy.  
 
One of Hong Kong's most famous businessmen is making the offer though Cheung Kong Infrastructure Holdings and Hong Kong Electric Holdings, both of which are subsidiary companies of the main conglomerate, and the Li Ka-shing foundation.
 

April 24, 2009

Asia’s biggest family businesses are counting their losses as a mix of poor investment choices, bad timing and a global economic malaise bite into the bottom line, reports Jane Moir

Some of Asia's biggest names are being toppled from global rich lists as cracks begin to appear in corporate coffers and family fortunes begin to dwindle. Falling stock markets, slowing economic growth and bad investment choices are taking their toll as the region's leading families are thrust into the spotlight.

One of the most salacious examples has been the ill fortunes of Larry Yung, the 66-year-old chairman of Hong Kong-listed conglomerate Citic Pacific. The company saw two-thirds of its market capitalisation wiped out in just two days of trading.

Click here >>
Close