Cheung Kong Hutchison Holdings vice chairman Victor Li Tzar-kuo was on May 13, 2016. Photo: David Wong
Aborted property acquisition points to power shift at Li Ka-shing controlled companies
Prosperity Reit has abandoned plans to buy a Kwung Tong office building for HK$1.87 billion after CK Property Holdings voted against the proposal, revealing friction between Li Ka-shing affiliated companies
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Li Ka-shing
Cheung Kong Hutchison Holdings vice chairman Victor Li Tzar-kuo was on May 13, 2016. Photo: David Wong