Li Ka-shing gets rock-star welcome at Shantou University graduation ceremony – where he announces he will stand down as honorary chairman
Hong Kong tycoon announces he will pass lifelong mission to support education to younger son, Richard Li
At a mainland Chinese graduation ceremony with lighting, music and an adoring audience more in keeping with a rock concert, the star of the show, Hong Kong tycoon Li Ka-shing, had an important announcement to make.
To a deafening welcome and a sea of phones, Cantonese-speaking Li struggling with a speech in Mandarin, announced on Friday he would pass his lifelong mission to support education to his younger son, Richard Li Tzar-kai.
Li, who turns 90 in July,looked spirited and cheerful in his first public appearance since officially handing the baton of his listed flagships CK Hutchison Holdings and CK Asset Holdings to his elder son, Victor Li Tzar-kuoi in May.
