Li fights battles his own way and mops up a few shares Baron Rothschild of Britain is credited with uttering this during uncertainty about the outcome of the Battle of Waterloo with France in 1815: 'Buy when there's blood on the streets, even if the blood is your own.' It is advice that Li Ka-shing, a veteran of numerous financial bloodbaths, appears to have taken to heart. Between August 5 and 11, he spent more than HK$130 million in five trades buying Cheung Kong (Holdings) shares. Property firm Cheung Kong was trading at HK$121.50 on August 1 but slipped to about HK$105 last week. His average price per share was HK$109.30. Li spent HK$93.4 million in May and June at an average price of HK$110.80 each. Cheung Kong closed at HK$106 yesterday. Since the beginning of the year, he has lifted his stake in the company from 42.57 per cent to 42.66 per cent. At least he knows what he's buying. Dropping the IPO ball English football team Manchester United is to list in Singapore, according to International Financing Review and its 'source with direct knowledge of the plans'. In some ways this is a bit of a snub to Hong Kong, as some people would say that listing in Singapore has all the passion and sense of occasion as playing Lancashire side Accrington Stanley away. IFR says the club is planning a US$1 billion offering in Singapore by the end of the year, depending on market conditions, Reuters reports. Manchester United considers itself a global brand and Hong Kong has been picked as the stock exchange of choice for brands such as Prada, L'Occitaine and Samsonite. The lads at the stock exchange thought they had it in the bag. But it's a funny old game, football. It's a game of two halves and inch-perfect passes - and dropped IPOs. Tongue in cheek A kiss is a kiss, no? Even that little peck on the cheek - or both cheeks as Europeans favour - is just a kiss to many. However, to the Knigge Society, an etiquette group from Germany, it is a form of terror and an act of unwelcome erotic intent. It has called for such kissing to be banned in the work place. Knigge Society chairman Hans-Michael Klein said: 'Most people don't like it. They feel there is somehow an erotic aspect to it - a form of body contact which can be used by men to get close to a woman.' It advises that business greetings be conducted 60 centimetres apart with a shake of the hands. For those that remain anxious about kissing, it advises a discreet note on the desk - a no-kissing zone. Wanted: Pirate expert Feeling a little jaundiced with your present work situation? Looking for something different? Then the European Union Naval Force Somalia may be for you. The organisation is looking for a 'pirate cultural adviser' to help naval commanders understand who it is they are confronting. The right candidate must have knowledge of the pirates' 'business model and their modus operandi, along with their religious practices and their habit of chewing khat, an amphetamine-filled plant, which makes users hyperactive'. The recruit is expected to be a former military officer with expertise in shipping, insurance and ransom negotiations. 'The job title may sound ambiguous, but what we are really looking for is someone who can help us know the enemy better,' Commander Harry Harrison, a spokesman for the naval force, told The Daily Telegraph in Britain. Good idea, commander, but as Somali piracy has been a problem since about 2005, why did it take so long? Demolition hotel An expensive spat has broken out between the owners and the builders of the Harmon Hotel at the CityCenter Aria development on the Las Vegas strip. At US$279 million, the Harmon is the world's most expensive casino resort. However, owners MGM Resorts International and Dubai World say the building is unsafe and an earthquake risk - and they want to blow it up. Not so fast, says contractor Perini Building, which denies the building is unsafe. It says MGM had 'buyer's remorse' over the CityCenter project during the downturn in the Las Vegas property market. MGM fired back: 'Perini is simply a defendant trying to blow smoke and limit its financial liability.' All of this is a dress rehearsal for the forthcoming drama to be played out in court.