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The flight from China of Hong Kong tycoon Li Ka-shing signals the beginning of China’s economic meltdown.
Hong Kong billionaire Li Ka-shing has defended his business strategy against accusations from China’s state media that he is abandoning investments in the world’s No. 2 economy because of its slowing growth
In addressing Asian tycoon Li Ka-shing’s departure from China, the tone of state media has shifted to the passive aggressive.
His timing was spot-on in the past and it seems to be now as well
Rampant mainland corruption endangers Hong Kong freedoms
When it comes to property investing in China Li Ka-shing and Wang Jianlin were ahead of the pack when the market moved up.
Hong Kong billionaire Li Ka-shing, who has rarely spoken to the media in recent years, gave an exclusive interview last month on his political opinions and a wide range of other topics to Chinese state mouthpiece Southern Metropolis Daily.
Hong Kong billionaire Li Ka-shing continues to withdraw investments rapidly from Hong Kong and China, selling up to HK$150 billion (US$19 billion) worth of assets in the past two months.
Hong Kong billionaire Li Ka-shing made a fortune investing in China. Over the last three years he has suddenly invested US$20 billion abroad, shifting his focus away from the People’s Republic of China.
Yahoo! acquired Summly, an app created by British teen developer Nick D’Aloisio, for an undisclosed sum, it reported in a press release on March 25.
