Tycoon Li Ka-shing, dubbed ‘Superman’, pictured at the Cheung Kong Group annual dinner in Wan Chai in January, 2019. Photo: Felix Wong

Hong Kong’s ‘Superman’ Li Ka-shing makes a comeback to investing in China as Cheung Kong sets up US$360 million Jilin power plant venture

  • CKI has signed an agreement to set up a venture with Shenzhen-listed Jilin Power, a unit of State Power Investment Corporation, CKI said in a statement
  • The Hong Kong company will own 40 per cent of a 2.5 billion yuan (US$360 million) integrated energy project in north-eastern China’s Jilin province, which will supply electricity, heating and cooling to Tonghua city
Topic |   Victor Li

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Tycoon Li Ka-shing, dubbed ‘Superman’, pictured at the Cheung Kong Group annual dinner in Wan Chai in January, 2019. Photo: Felix Wong
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Eric Ng

Eric Ng

Eric joined the SCMP in 1998 after brief stints in a trading company and translation and editing roles at Dow Jones and Edinburgh Financial Publishing. He has close to 20 years of experience covering China's energy, mining and industrial materials sectors, and has recently added biotechnology to his coverage. Eric has a Masters of Business Administration degree.