Victor Li Tzar-Kuoi is the elder 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 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. His younger brother is Richard Li Tzar-kai, chairman of phone, pay-television and Internet company PCCW Ltd, formerly Hongkong Telecom.
Cheung Kong's No 2 man is set to testify today in defence of an HK$23 million claim by the Urban Renewal Authority over their joint venture to build The Center, but he has already been cited calling it a "bad deal" before he even takes the stand.Friday, 18 January, 2013, 4:19am
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.19 Oct 2012 - 6:08pm
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 through instructions at any time of night.15 Oct 2012 - 5:49pm
Cheung Kong (Holdings) has surprised the market by acquiring a residential site on the Tsuen Wan waterfront for HK$9.631 billion, substantially more than industry expectations.15 Aug 2012 - 11:29pm
Hutchison Whampoa, the investment flagship of billionaire Li Ka-Shing, posted a 78 per cent year-on-year drop in net profit to HK$10.2 billion in the six months ended June - but its core earnings were better than expected.15 Aug 2012 - 10:54pm
Cheung Kong will not reduce its investments in Hong Kong despite escalating construction costs that are making it increasingly difficult for developers to run their businesses, says chairman Li Ka-shing.15 Aug 2012 - 10:54pm
Tycoon Li Ka-shing has no worries about Hong Kong's economic outlook. And he's still planning to be part of it, insisting he has no plans to retire despite splitting his wealth between his two sons.15 Aug 2012 - 10:56pm
The fortunes they built up in the boom years of the 1960s and 1970s are immense, even legendary, but the city's ageing tycoons are now facing entirely new challenges that could wipe out billions from the businesses they built up from scratch.12 Jun 2012 - 12:00am
Chief executive-elect Leung Chun-ying dined with Asia's richest man, Li Ka-shing, this week, the tycoon's camp admitted yesterday.
Leung said the global economy, not Li's support for Leung's election rival, was their topic of conversation.31 May 2012 - 12:00am
Li Ka-shing, Asia's richest man, yesterday spelled out a succession plan to split his business empire between his two sons in a way he said would ensure no conflict between them.
Li (pictured) said that elder son Victor Li Tzar-kuoi would take the helm of property group Cheung Kong (Holdings) and conglomerate Hutchison Whampoa.26 May 2012 - 12:00am