Li Ka Shing Newswire

Li Ka Shing Newswire

Comprehensive Real-Time News Feed for Li Ka Shing.

Results 1 - 20 of 213 in Li Ka Shing

  1. Li Ka-shing's Cheung Kong to sell Shanghai projectRead the original story w/Photo

    13 hrs ago | MarketWatch

    A property developer backed by Hong Kong billionaire Li Ka-shing has put an office and retail property project in Shanghai up for sale, according to two people familiar with the matter. A sale would mark the latest China property divestment by the investor, one of Asia's richest, who is closely watched for signs of how he sees markets shifting.

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  2. Hong Kong's economic issues only comes up when raised first by...Read the original story w/Photo

    22 hrs ago | South China Morning Post

    Hong Kong's economic issues only comes up when raised first by promoters of the city, says Chan. Photo: Franke Tsang "It's surprising! Unlike last year when we were grilled on Hong Kong political issues, can you imagine that throughout our whole trip to the US in early July, none of the political and business heavyweights we met asked about Occupy or political reform! Ha ha ... I took this as a positive sign that could mean Hong Kong is not in trouble."

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  3. Merger of Li Ka-shing's CKI, Power Assets could enhance market value, analysts sayRead the original story w/Photo

    Yesterday | South China Morning Post

    Li Ka-shing's international energy utility investment unit Power Assets Holdings would be better off merging with parent Cheung Kong Infrastructure to enable its idle cash to be better utilised, say analysts. It would help Power Assets' HK$68 billion cash pile, boosted by the sale and separate listing of its power unit Hongkong Electric last year, to be used to invest in a wider array of industries.

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  4. Li Ka-shing tipped to sell Shanghai complex for 20 billion yuanRead the original story w/Photo

    Friday Jul 31 | South China Morning Post

    Often referred to as "Superman" in Hong Kong because of his business prowess, Li Ka-shing is the richest businessman in Asia, and chairs conglomerate Hutchison Whampoa and Cheung Kong Holdings, a property group. Li turned Cheung Kong Industries into a top property group, and Cheung Kong expanded to acquire Hutchison Whampoa in 1979 and Hongkong Electric in 1985.

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  5. Gaw Capital Turns Faded Properties Into Gems for Fat ReturnsRead the original story

    Friday Jul 31 | The Washington Post

    In a town dominated by a handful of multi-billionaire property developers like Li Ka-shing and Lee Shau-kee, the sale of the coveted harborfront hotel to a little-known local private equity fund was unexpected. "They aren't really a household name in Hong Kong and this is such a high profile deal," said Antonio Wu, deputy managing director for Asia Capital Markets at Colliers International.

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  6. Gates Foundation wealthiest private charitable orgRead the original story

    Thursday Jul 30 | Mydigitalfc.com

    ... of the 10 charitable foundations on the list, the global wealth intelligence and prospecting firm has said. Li Ka Shing Foundation, founded in 1980 by Hong Kong business magnate Li Ka-Shing, ranked second with $8.1 billion in assets followed by ...

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  7. CK Hutchison, VimpelCom Said Close to Merging Italy Mobile UnitsRead the original story

    Thursday Jul 30 | The Washington Post

    CK Hutchison Holdings Ltd. and VimpelCom Ltd. are close to combining their wireless businesses in Italy to create the country's largest mobile-phone company by customers, according to people familiar with the matter. More than two months after saying they're negotiating an equal joint venture, the companies are putting final touches on a deal, with an announcement possible in the next week at the earliest, said the people, asking not to be identified because the talks are private.

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  8. VimpelCom, CK Hutchison Said Close to Merging Italian AssetsRead the original story

    Wednesday Jul 29 | The Washington Post

    More than two months after saying they're negotiating an equal joint venture, the companies are putting final touches on a deal, with an announcement possible in the next week at the earliest, said the people, asking not to be identified because the talks are private. The owners are discussing a possible capital increase of 2 billion euros for the enlarged entity, two of the people said.

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  9. Singapore GIC Reports Higher ReturnRead the original story

    Wednesday Jul 29 | Bloomberg

    GIC Pte, manager of more than $100 billion of Singapore's reserves, said its key performance measure improved but warned that higher global interest rates could dent future returns. Buoyant global markets helped GIC's annualized real rate of return rise to 4.9 percent in the 20-year period to March 31, from 4.1 percent in the 20 years that ended in March 2014, according to the sovereign wealth fund's annual report.

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  10. Telecom VimpelCom Soars On Italy Merger SpeculationRead the original story w/Photo

    Wednesday Jul 29 | Barron's

    VimpelCom shares are up more than 14% on news that it may combine its wireless business with that of CK Hutchison Holdings in Italy. Hong Kong based CK Hutchinson is controlled by billionaire Li Ka-shing , and Amsterdam-based VimpelCom's largest shareholders include Russian billionaire Mikhail Fridman , Bloomberg reported earlier today.

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  11. Bay Area foundation backed by ultra-rich family makes world's Top 10 listRead the original story w/Photo

    Wednesday Jul 29 | Business Journal

    ... was led by the Bill & Melinda Gates Foundation, with $43.4 billion in assets. Next was the Hong Kong-based Li Ka Shing Foundation, founded in 1980 by Hong Kong billionaire Li Ka-Shing , was second with $8.1 billion in assets. In fourth place, after ...

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  12. VimpelCom, Hutchison Said Close to Merging Italian AssetsRead the original story

    Wednesday Jul 29 | The Washington Post

    More than two months after saying they're negotiating an equal joint venture, the companies are putting final touches on a deal, with an announcement possible in the next week at the earliest, said the people, asking not to be identified because the talks are private. The owners are discussing a possible capital increase of 2 billion euros for the enlarged entity, two of the people said.

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  13. Power Assets `going shopping'Read the original story

    Thursday Jul 23 | The Standard

    Li Ka-shing controlled Power Assets Holdings said it will "actively seek" shopping opportunities worldwide as underlying profit rose 4.2 percent to HK$3.77 billion in the six months to June from a year earlier. But net profit slumped more than 94 percent, due to a one-off gain a year ago and a loss of HK$532 million from trimming its stakes in HK Electric Investment last month.

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  14. Hutchison to introduce low-cost mobile operator in AustriaRead the original story

    Wednesday Jul 15 | Reuters

    Hutchison Whampoa will introduce a low-cost mobile phone operator in Austria to increase market share, it said on Wednesday. Hong Kong tycoon Li Ka-shing's Hutchison is on a European expansion spree, which included its 2013 takeover of Orange Austria, and plans to establish a recently acquired niche player as an independent brand called Eety, using Hutchison's existing network infrastructure.

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  15. HK Electric Investments posts HK$1.2 billion first-half profitRead the original story w/Photo

    Monday Jul 13 | South China Morning Post

    Hutchison Whampoa is a Fortune 500 company and one of Hong Kong's largest listed companies. It is 49.97 per cent owned by the Cheung Kong Group, a property company.

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  16. Longleaf Partners Funds Q2 2015 Shareholder LetterRead the original story

    Monday Jul 13 | GuruFocus.com

    One of Southeastern's distinguishing aspects is that we maintain concentrated portfolios for the Longleaf Funds, seeking to invest only in companies that meet our stringent criteria for strong businesses, run by good management, available at deeply discounted prices. This discipline is critical to meeting our absolute return goal of inflation plus 10% and has produced strong long-term relative returns over most of our firm's 40 year history.

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  17. Rise of - entrepreneur worship' in China encourages more people to set up shopRead the original story w/Photo

    Monday Jul 13 | South China Morning Post

    Businessmen, once despised in society, are now elevated to celebrity status as people look to them for tips on how to replicate their successes in their own lives In Shanghai Book City, the largest bookstore in town, Stephen Ding stands in front of a shelf in the "business management" section, carefully comparing a handful of books. In his hands are books about China's richest man and Wanda Group chairman Wang Jianlin, Alibaba founder Ma Yun, property tycoon Feng Lun, and Hong Kong multibillionaire Li Ka-shing.

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  18. Forbes Billionaire Series - Life Lessons from Billionaire Li Ka-ShingRead the original story w/Photo

    Thursday Jul 9 | CNN

    Mr. Li is one of the richest man in Asia with a net worth of $31.9 billion as per forbes. From high school dropout to self-made billionaire, Li came from very humble beginnings when he was growing up in China.

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  19. China's rattled stock market crashes to four-month low as investors panicRead the original story w/Photo

    Wednesday Jul 8 | This Is Money

    The Shanghai Composite Index fell 5.9 per cent - taking losses in the past 17 days of trading to 32 per cent - while the Hang Seng was down 5.8 per cent in Hong Kong and the Nikkei was off 3.1 per cent in Tokyo. Around half of companies listed in China have now suspended trading in their shares in a desperate effort to protect themselves from the carnage.

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  20. UK engaging the Chinese private sector report 2015.Read the original story w/Photo

    Friday Jul 3 | 4 Hoteliers

    This report covers investments made by the Chinese private sector into the UK, as well as the UK brands that have had the greatest impact on the Chinese luxury consumer. The Hurun Research Institute released the UK Engaging the Chinese Private Sector 2015, highlighting the key points of engagement between the Chinese private sector and the UK.

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