Li Ka-shing

Li Ka-shing is Hong Kong's richest person. He is chairman of the board of conglomerate CK Hutchison Holdings.

to reflect its shift its focus from property to investing in overseas energy and infrastructure related assets, Cheung Kong Property will be renamed Cheung Kong Asset. Photo: AP

Why Hong Kong tycoon Li Ka-shing is setting his sights overseas

Li Ka-shing’s strategy to reinvest returns from Hong Kong and mainland China property into stable cash-generating assets in western countries is an secret but the pace and scale of his listed companies’ recent moves have caught some by surprise.