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Li focuses on new HQ

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WHAT with Wheelockgate and the mystery of the long lens, the China Building on Pedder Street would have been a good place to have had a wire tap this week.

According to sources, more interesting manoeuvrings than merely industrial shenanigans are being gossiped about inside the flagship headquarters of Li Ka-shing's Cheung Kong Group.

Mr Li is thought to be planning to uproot his entire office staff and relocate in a new office tower which he is developing on a Land Development Corporation project on the fringes of Central.

Currently, Cheung Kong occupies the lion's share of the rather anonymous looking China Building.

It is believed he would like an HQ rather more in keeping with his status as Hong Kong's top money mogul.

No doubt economic considerations figure for the price-conscious Mr Li, who could get wall-to-wall carpets and a fine collection of Chinese porcelain for the rental price of his Central office.

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