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Lai See

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Why you can trust SCMP

li scotches amateur medics' rumours faster than a speeding bullet

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Hong Kong punters selling on rumours of Li Ka-shing's deteriorating health be warned: Superman is as healthy as ever.

Though quickly dismissed by Mr Li's son Victor, malicious gossip about the tycoon's fitness contributed to last week's 6 per cent fall in Hutchison Whampoa and Cheung Kong (Holdings) shares. Given a quick check-up by journalists covering his firms' results briefing yesterday evening, Superman was expansive.

'No [health] problem,' Mr Li said brightly. 'I played golf at 6.15 today, arrived at the office at eight and worked [all day]. I absolutely have not thought of a succession plan.'

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Superman has, however, given some thought to the only thing he fears more than kryptonite these days - 3G losses.

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