Li Ka-shing officially steps down

Advanced Search

The story appears on

Page A10

May 11, 2018

GET this page in PDF

Free for subscribers

View shopping cart

Li Ka-shing officially steps down

Source: Xinhua | 00:00 UTC+8 May 11, 2018 |

Print Edition

HONG Kong tycoon Li Ka-shing yesterday officially stepped down as leader of a business empire after showing up as chairman of CK Hutchison and CK Asset at the two companies’ annual general meetings.

Li, who will turn 90 in July, was succeeded by his elder son, Victor Li Tzar Kuoi, 53.

After retirement, he will serve as a senior adviser of the companies and focus on his charity foundation which was set up in 1980. The changes are in line with his announcement made in March.

“Tomorrow, I will continue to go to office as usual. A lot of work needs to be handled in the foundation,” Li said.

Born in July 1928 in Guangdong Province, Li started his career in 1950 as a plastic-flower maker and gradually built a global conglomerate in real estate, infrastructure, ports and telecommunications.

Business

About Us
|
Terms of Use
|
RSS
|
Privacy Policy
|
Contact Us
|
Shanghai Call Center: 962288
|
Tip-off hotline: 52920043

沪ICP证：沪ICP备05050403
|
网络视听许可证：0909346
|
广播电视节目制作许可证：沪字第354号
|
增值电信业务经营许可证：沪B2-20120012

Li Ka-shing officially steps down

Email this to your friend