Li Ka-shing

Sir Ka-shing Li, GBM, KBE,JP (born 29 July 1928 in Chaozhou, China) is a Hong Kong business magnate, investor, and philanthropist. According to the Bloomberg Billionaires Index, as of 16 April 2014 he is the richest person in Asia, with a net worth of $31.9 billion. He is the chairman of the board of CK Hutchison Holdings as of 2015; through it, he is the world's largest operator of container terminals and the world's largest health and beauty retailer.

Considered one of the most powerful figures in Asia, Li was named "Asia's Most Powerful Man, Li Ka-Shing" by Asiaweek in 2001. His companies make up 15% of the market capitalisation of the Hong Kong Stock Exchange.Forbes Magazine and the Forbes family honoured Li Ka-shing with the first ever "Malcolm S. Forbes Lifetime Achievement Award" on 5 September 2006, in Singapore. In spite of his wealth, Li has cultivated a reputation for leading a no-frills lifestyle, and is known to wear simple black dress shoes and an inexpensive Seiko wristwatch. He owns a house in one of Hong Kong's most expensive districts, Deep Water Bay in Hong Kong Island. Li is also regarded as one of Asia's most generous philanthropists, donating over US$2.18 billion as of August 2015 to charity and other various philanthropic causes. Li is often referred to as "Superman" in Hong Kong because of his business prowess. Because of his wealth, he is regarded as a celebrity, and even has a wax statue in his likeness (the only non-artist to have one in Hong Kong).

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Famous quotes by Li Ka-Shing:

"We are approaching a new age of synthesis. Knowledge cannot be merely a degree or a skill... it demands a broader vision, capabilities in critical thinking and logical deduction without which we cannot have constructive progress."
"Information and communications technology unlocks the value of time, allowing and enabling multi-tasking, multi-channels, multi-this and multi-that."
"The prospect of 3G (third-generation mobile phone networks) is very good but anything, even the best, should have a price in the commercial society. We have made the best choice and plan for (our) shareholders. I don't believe the license price can go up endlessly."
"Vision is perhaps our greatest strength... it has kept us alive to the power and continuity of thought through the centuries, it makes us peer into the future and lends shape to the unknown."
"The future may be made up of many factors but where it truly lies is in the hearts and minds of men. Your dedication should not be confined for your own gain, but unleashes your passion for our beloved country as well as for the integrity and humanity of mankind."
"I am very satisfied with the results."
"I don't think Husky is for sale; it's doing well, the potential is great and its production will increase before the end of this year."
"Sound economic fundamentals coupled with a number of positive factors have partially offset the psychological impact of rising interest rates in Hong Kong."
"That is a conservative forecast."
"To be honest, we are not sitting on our 3G licenses. We are now going at full speed."
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Latest News for: li ka-shing

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Li Ka-shing’s son invited to China forum amid rising pressure over Panama port deal

Straits Times 24 Mar 2025
Forum held from March 23 to 24, with China's top leaders including Premier Li Qiang in attendance ....
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NexGen announces best ever drill intercept at Saskatchewan uranium project

Resource World 24 Mar 2025
NexGen Energy Ltd. has announced the best ever discovery phase drilling intercept at its Rook 1.0 uranium property in Saskatchewan ... The company is backed by one of Asia’s wealthiest investors Li-Ka-shing ... ....
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Beijing is upset, but why is it limiting criticism of Hutchison’s pull-out from Panama?

South China Morning Post 23 Mar 2025
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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Scrap The Panama Port Sale Is What A Pro-Beijing Newspaper Is Urging Li Ka-Shing To Do

MENA FN 22 Mar 2025
(MENAFN - Newsroom Panama) Hong Kong's richest man is in hot water over his company's Panama Canal ports deal. A pro-Beijing newspaper has called on CK Hutchison Holdings Ltd. to pull out from an ... .
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The secretive shipping magnate set to gain control of Britain’s biggest port

AOL 22 Mar 2025
Italian shipping magnate Gianluigi Aponte pulled off one of the transport deals of the decade with his $23bn (£18bn) agreement to buy 45 ports from Hong Kong billionaire Sir Li Ka-shing.
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Panama ports deal of strategic importance, say Hong Kong political heavyweights

South China Morning Post 22 Mar 2025
Concerns by city’s bigwigs add fresh layer of pressure on Li Ka-shing’s CK Hutchison to reconsider deal ... .
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Pro-Beijing Paper: Anti-Sanctions Law Can Block Li's Ports Deal

MENA FN 22 Mar 2025
(MENAFN - Asia Times) A media mouthpiece of the Chinese Communist Party has suggested using China's anti-sanctions mechanism to deal with Hong Kong tycoon Li Ka-shing's proposed selling of his ... .
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The secretive Italian shipping magnate set to gain control of Britain’s biggest port

The Daily Telegraph 22 Mar 2025
Italian shipping magnate Gianluigi Aponte pulled off one of the transport deals of the decade with his $23bn (£18bn) agreement to buy 45 ports from Hong Kong billionaire Sir Li Ka-shing ... as Sir Li’s.
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Pro-Beijing paper: Anti-sanctions law can block Li’s ports deal

Asiatimes 21 Mar 2025
A media mouthpiece of the Chinese Communist Party has suggested using China’s anti-sanctions mechanism to deal with Hong Kong tycoon Li Ka-shing’s proposed selling of his global ports, including two at the Panama Canal, to BlackRock.
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How a Renowned Hong Kong Tycoon Ended Up on Beijing’s Bad Side Over Panama Canal Deal

Wall Street Journal 21 Mar 2025
Ninety-six-year-old Li Ka-shing earned the nickname “superman” for his uncanny sense of when to sell. Not for the first time, one of his deals has angered Beijing ... .
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Hong Kong’s richest man is in hot water over his company’s Panama Canal ports deal

Asahi News 21 Mar 2025
HONG KONG--Hong Kong tycoon Li Ka-shing’s business empire is in the crosshairs after CK Hutchison Holdings chose to sell its Panama Canal port assets to a consortium that includes U.S ... Li’s influence extends beyond business.
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Hong Kong’s richest man, Li Ka-shing, is in hot water over his company’s Panama Ports deal

The Associated Press 20 Mar 2025
Hong Kong tycoon Li Ka-shing’s business empire is in the crosshairs after CK Hutchison Holdings chose to sell its Panama Canal port ...
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Hong Kong's richest man, Li Ka-shing, is in hot water over his company's Panama Ports deal

Beaumont Enterprise 20 Mar 2025
Hong Kong tycoon Li Ka-shing’s business empire is in the crosshairs after CK Hutchison Holdings chose to sell its Panama Canal port ...
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Hong Kong's richest man, Li Ka-shing, is in hot water

ABC News 20 Mar 2025
Hong Kong tycoon Li Ka-shing’s business empire is in the crosshairs after CK Hutchison Holdings chose to sell its Panama Canal port assets to a consortium that includes U.S. investment firm BlackRock Inc., apparently angering Beijing ... .
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