Shares of HKT Trust, which runs the city's biggest fixed-line telecommunications network, were down 2.53 per cent to close at HK$7.70 in trading yesterday.
- Fri
- May 24, 2013
- Updated: 1:26am
Trending topics
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.
20 Oct 2012
Richard Li Tzar-kai stepped up his game in the financial market by agreeing to pay US$2.14 billion for ING's insurance business in Hong Kong, Macau and Thailand yesterday.
11:24AM
19 Oct 2012
ING Group said it has agreed to sell its Hong Kong, Macau and Thailand insurance businesses to Richard Li Tzar-kai’s Pacific Century Group (PCG) for HK$16.59 billion.
6:08PM
19 Oct 2012
ING Group, under European Union orders to divest assets, is near an agreement to sell its Hong Kong and Thailand insurance businesses to Richard Li Tzar-kai, three people familiar with the matter...
3:33AM
15 Oct 2012
Back in the days before e-mail, Victor Li, the heir to Asia’s largest family fortune, used to sleep with a fax machine by his bed, ready for his famously restless father, Li Ka-shing, to send...
5:49PM
16 Feb 2009
Ho Chun-keung ponders the PCCW saga and bemoans Hongkongers' admiration for those who focus on making quick money
1:52PM
If you've been stuck in the Wan Chai traffic near the Cross-Harbour Tunnel, then you might know about this concert. Otherwise, a coming show with jazz stars George Benson and Al Jarreau might...
5:11PM
Nomura Asia research says the biggest challenge facing Pacific Century Insurance (PCI) in the second half of the year is how to get investment returns back to an historical average of 7 per cent...
9:54PM
There are all sorts of self-improvement courses on offer in this town, but Lai See's fancy was taken with the 'passion' workshop held yesterday. At no charge, the introductory session represented...
1:19AM
My, my, how things can change in just 12 months. This time last year, a hot-shot tycoon was preparing for a huge party.
He spent more than HK$20 million jetting in Whitney Houston to...
9:54AM
What does Hong Kong's most eligible bachelor do in his spare time? Well, apart from indulging in yachting and flying during his limited leisure hours, Richard Li Tzar-kai is usually in the thick...
12:28PM
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