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Richard Li Tzar-Kai

Richard Li Tzar Kai is the younger son of Li Ka-shing, a rags-to-riches tycoon known as “Superman” in Hong Kong, his adoptive home. Li Ka-shing in 2012 anointed his elder son, Victor Li, to follow him at the helm of flagship property developer Cheung Kong (Holdings) Ltd, and Hutchison Whampoa Ltd, a conglomerate whose activities span ports, telecoms retailing, energy and infrastructure. But he also vowed to support the business ventures of Richard Li, who is the chairman of phone, pay-television and Internet company PCCW Ltd, formerly Hongkong Telecom.

HKT has urged the government to adopt spectrum trading in a paper entitled “Why are we waiting?” Photo: EPA

HKT reiterates call for spectrum trading in Hong Kong

HKT, the largest telecommunications services provider in Hong Kong, on Wednesday stepped up its campaign for 5G preparations in the city by calling on the government to implement spectrum trading among the city’s four incumbent mobile network operators.