• Thu
  • Dec 25, 2014
  • Updated: 6:20pm

Victor Li Tzar-Kuoi

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 No 2 said joint venture was a bad deal, says ex-LDC chief

Cheung Kong No 2, Victor Li

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 sells Hong Kong, Macau, Thai insurance units to Richard Li

Pacific Century Group boss Richard Li said the US$2.14 billion purchase of ING’s Hong Kong, Macau and Thailand insurance businesses was in line with the group’s long-term strategy. Photo: AFP

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

Hong Kong's Victor Li, son of 'Superman', has hard act to follow

Victor Li Tzar-kuoi, left, with father Li Ka-shing, right,  at a Cheung Kong Holdings Limited news conference on May 25, 2012. Photo: SCMP

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 bags Tsuen Wan site for HK$9.6b

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 profit slumps 78 per cent

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 says it won't scale back

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

Retirement not on the agenda for Li Ka-shing

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 business of succession

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

Leung and Li enjoy a business lunch as usual

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 spells out sons' futures

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

Li Ka-shing voices his support for troubled Tang

In a highly unusual move, Hong Kong's richest man, Li Ka-shing, yesterday publicly voiced his support for scandal-plagued chief executive candidate Henry Tang Ying-yen, while dismissing suggestions that he would withdraw his investments from Hong Kong if Leung Chun-ying wins the election.

17 Mar 2012 - 12:00am

St Paul's students have Li largesse to thank for new residence hall with great view of Central

Can't afford a flat in Mid-Levels? You might be better off returning to school. St Paul's Co-educational College opened its newly expanded Chong Yau Pak Wan Residence Hall on Tuesday. Located in the affluent McDonnell Road neighbourhood, it's near to a number of luxury residences that can fetch more than HK$20,000 per sq ft.

9 Dec 2011 - 12:00am

HK$3m setback for Cheung Kong

The High Court yesterday rejected an application by Cheung Kong (Holdings) to obtain documents from the Urban Renewal Authority in an 11-year dispute over HK$3 million in fees related to The Center, its joint venture development in Central.

14 Jul 2011 - 12:00am

Buy now with rates low, Li urges

Cheung Kong (Holdings) chairman Li Ka-shing reiterated yesterday that prospective homeowners should buy now, especially with inflation rising and interest rates low.

21 May 2011 - 12:00am

Lai See

Time for Wharf to walk the talk at quality piazza

'To some, art imitates life; to others, life imitates art ... as the debate goes on, we take pride in having created a quality space where art and life meet.'

3 May 2008 - 12:00am

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