14 stories found
Hong Kong billionaire Li Ka-shing’s CK Asset Holdings has sold a luxury penthouse in Mid-Levels for US$46.2 million, setting a new per square foot price record for first-hand properties.
The family of Hong Kong billionaire Li Ka-Shing is reportedly cashing out various assets as part of a strategic move to reshape and restructure their extensive business empire.
Air China has resumed direct flights between Beijing and Pyongyang after a six-year hiatus, marking another step in the isolated nation's gradual reopening and providing a lifeline for its economy as China is its largest trading partner. The resumption also complements renewed train services between the capitals, though new restrictions apply to passengers.
Hong Kong conglomerate CK Hutchison Holdings has stepped up legal action in response to what it called Panamanian authorities’ unlawful takeover of the operations of two ports at either end of the politically sensitive canal. The group, led by the family of Hong Kong tycoon Li Ka-shing, said on Friday that it had submitted a supplement to its earlier petition against the Panamanian state for an international arbitration. The supplement alleged that Panama continued ignoring the firm’s request...
Li Ka-Shing's port empire has been affected by a forced takeover amidst a legal dispute in Panama.
CK Hutchison Holdings, a flagship company of billionaire Li Ka-shing, has stated it has no plans to sell its ParknShop supermarket chain in Hong Kong to a major competitor like Wellcome.
Billionaire Li Ka-shing is reportedly planning further sales of his telecom assets as part of a 'cash is king' strategy. This move indicates a focus on liquidity and strategic divestment within his business empire.
CK Hutchison Holdings, owned by Li Ka-shing's family, has reported its full-year financial results, including a 7% increase in underlying profit for 2025 despite various challenges.
Billionaire Li Ka-Shing's CK Group is reportedly selling its UK Power Networks to France's Engie in a deal valued at $14 billion.
Tycoon Li Ka-shing has added more than US$6 billion to his net worth, boosting his standing as Hong Kong’s richest individual and contributing to a US$65 billion increase in the assets of the city’s 50 richest people, according to Forbes. Li, whose business interests span real estate, infrastructure and pharmaceuticals via companies such as CK Asset Holdings and CK Hutchison, had a net worth of US$45.1 billion this year, up from US$38.9 billion in 2025, according to a list compiled by the...
Hong Kong tycoon Li Ka-shing's charity will expand support for liver cancer patients by subsidizing surgery fees for 200 patients over the next three years, enabling access to cutting-edge treatment at a cost of HK$50,000 (US$6,380) per patient.
Vodafone has acquired full ownership of its UK mobile operator joint venture, VodafoneThree, in a £4.3 billion ($5.8 billion) deal, with CK Hutchison exiting its stake. This move consolidates Vodafone's control over its operations in the UK market.
CK Hutchison has been selling assets across its portfolio but is unlikely to return capital to shareholders
There are few assets on earth as strategically sensitive as the ports flanking the Panama Canal. They sit at the hinge of global trade, where container ships glide between oceans and geopolitics moves just beneath the surface. That is why Panama’s seizure of two major port terminals operated by CK Hutchison, the Hong Kong conglomerate built by Li Ka-shing, deserves more than a passing headline. It is not simply a contractual dispute dressed up as constitutional housekeeping. It is a stress te...