Richard Li Tzar-kai is a rich man with a daredevil streak, so it should come as no surprise the tycoon is contemplating a trip into the final frontier.
The PCCW chairman told the Sunday Morning Post he had been encouraged by Ng Tze-chuen - a dentist and designer of planetary sampling equipment - to make the trip to outer space.
The son of Asia's richest man, Li Ka-shing, Mr Li, 41, is a licensed pilot.
A space flight would propel him into the headlines occupied by other billionaire adventurers such as Virgin owner Sir Richard Branson.
But Mr Li was quick to dampen murmurs that planning for his proposed trip to outer space was well researched.
While he had 'received some information about it', he had not done a health check or consulted lawyers over the legal implications of such a mission.
Mr Li said the company he would use would be Space Adventures, which bills itself as the world's first 'space experiences company'. It operates out of the US in conjunction with the cash-strapped Russian Federal Space Agency.
A spokeswoman for Space Adventures said she could not comment on the multimillion-dollar flight plans.
Space Adventures will announce the identities of those on the next orbital space flight in the coming weeks, but Mr Li's name is unlikely to be among them.
'I'm a pilot, and would not mind reading some material about space travel. But there is a less than a 10 per cent chance I would do it,' he said. 'I am not keen because I have many other considerations. So almost for sure the answer is no.'
Perveen Crawford hopes to become the first Hongkonger in space. Last December, the socialite travelled to Sir Richard's private Caribbean island to train for a flight next year aboard Virgin Galactic, the British billionaire's space tourism venture. She was one of 14 to sign up for the mission.