https://www.scmp.com/rss/172018/feed Often referred to as “Superman” in Hong Kong because of his business prowess, Li Ka-shing is the richest businessman in Asia, and chairs conglomerate Hutchison Whampoa and Cheung Kong Holdings, a property group. Li turned Cheung Kong Industries into a top property group, and Cheung Kong expanded to acquire Hutchison Whampoa in 1979 and Hongkong Electric in 1985. Li is a noted philanthropist and heads a charitable foundation that is a shareholder in Facebook. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Last year's centennial celebrations at the University of Hong Kong were not held in honour of a visiting mainland official, its vice chancellor insists. The August 18 event was arranged to coincide with Vice-Premier Li Keqiang's visit, but it wasn't held solely because he was in town, vice chancellor Tsui Lap-chee said. The vice-premier was in Hong Kong not just for the HKU anniversary, so the university had to fit in with his schedule and the ceremony he attended was one of many celebrations... https://www.scmp.com/article/991957/hku-celebration-wasnt-held-just-vice-premier?utm_source=rss_feed https://www.scmp.com/article/991957/hku-celebration-wasnt-held-just-vice-premier?utm_source=rss_feed Mon, 06 Feb 2012 16:00:00 +0000 Hong Kong is a caring society. Making charitable contributions and helping the needy is in keeping with our social values. Donations come not only from individuals, but also from big companies and tycoons, through various charity foundations they have set up. These foundations support education efforts, medical services and the operation of some non-profit social and welfare organisations, as well as the city's cultural development. They provide direct and indirect financial support for many... https://www.scmp.com/article/972099/all-charity-dollars-count-no-matter-what-motivation?utm_source=rss_feed https://www.scmp.com/article/972099/all-charity-dollars-count-no-matter-what-motivation?utm_source=rss_feed Tue, 28 Jun 2011 16:00:00 +0000 Li Ka-shing, Hong Kong's richest man, is launching the second round of a campaign calling for creative philanthropic proposals from the public. Those chosen will be funded by the Li Ka Shing Foundation. In the first round, in September, 177 charity projects were selected from more than 1,000 proposed by 74,000 people. The foundation eventually gave out about HK$28 million. 'Our spirit of generosity defines the essence of our community. It is wonderful to make a difference together,' Li... https://www.scmp.com/article/966662/li-ka-shing-launches-new-round-philanthropic-campaign?utm_source=rss_feed https://www.scmp.com/article/966662/li-ka-shing-launches-new-round-philanthropic-campaign?utm_source=rss_feed Mon, 02 May 2011 16:00:00 +0000 The ratings of Cheung Kong Infrastructure Holdings and Hongkong Electric Holdings were placed on credit watch yesterday after an offer to buy Electricite de France's power networks in Britain for GBP5.78 billion (HK$70.9 billion). Standard & Poor's Rating Services put the firms' stable 'A-minus' long-term rating on credit watch because 'the proposed acquisition will likely materially weaken' their balance sheet and liquidity. The two firms last week joined the Li Ka Shing Foundation in a... https://www.scmp.com/article/721193/cki-and-hk-electric-under-credit-watch?utm_source=rss_feed https://www.scmp.com/article/721193/cki-and-hk-electric-under-credit-watch?utm_source=rss_feed Mon, 02 Aug 2010 16:00:00 +0000 Li Ka-shing spices up results release with stir-fried Next A Cheung Kong (Holdings)/Hutchison Whampoa media briefing is never complete without Li Ka-shing bashing a few Hong Kong publications for a few laughs. Of course, Jimmy Lai Chee-ying's magazine and newspaper are always top of the list. Just hours before the results announcements of Mr Li's two companies, Next magazine ran a cover story headlined 'Li Ka-shing triggers stocks fall and sets off Joseph Yam Chi-kwong warning', suggesting... https://www.scmp.com/article/631514/lai-see?utm_source=rss_feed https://www.scmp.com/article/631514/lai-see?utm_source=rss_feed Thu, 27 Mar 2008 16:00:00 +0000 Loyal service builds firm foundations How would you like to be rewarded for your long service? A Ferrari perhaps, or a Franck Muller watch? A house? Or more likely a simple handshake (of the ungilded variety)? Consider Henderson Land Development vice-chairman Colin Lam Ko-yin, whose boss Lee Shau-kee has volunteered to donate a building to the university where Mr Lam graduated. Today Mr Lee is to announce his HK$500 million donation to the University of Hong Kong. At the same time, he will... https://www.scmp.com/article/616623/lai-see?utm_source=rss_feed https://www.scmp.com/article/616623/lai-see?utm_source=rss_feed Wed, 21 Nov 2007 16:00:00 +0000 Let's take a scientific view of medical hazards Kwan Yun-ming's opinions on the dangers of Chinese medicine compared with its western counterpart ('Opting for traditional Chinese medicine could be dangerous', September 22) ended with a demand that objections to his views should be based on 'scientific facts'. A prompt response appeared in the article 'At the sharp end' (September 24) by Darren Mann, honorary clinical associate professor at Chinese University. Professor Mann highlighted... https://www.scmp.com/article/609467/letters?utm_source=rss_feed https://www.scmp.com/article/609467/letters?utm_source=rss_feed Thu, 27 Sep 2007 16:00:00 +0000 We reported last week that Li Ka-shing did not meet the press at the opening of Chinese University's Li Ka Shing Institute of Health Sciences and suggested that he might have been camera-shy. We wish to clarify that the philanthropist did not attend the media function because he had undergone knee surgery in July related to a golf injury. According to the Li Ka Shing Foundation, following his doctor's advice, Mr Li had taken a break from the greens, reduced his social engagements and tried to... https://www.scmp.com/article/608779/not-camera-shy?utm_source=rss_feed https://www.scmp.com/article/608779/not-camera-shy?utm_source=rss_feed Fri, 21 Sep 2007 16:00:00 +0000 Tycoon Li Ka-shing seems to have become terribly camera shy. Following the furore over naming University of Hong Kong's medical faculty after him, his charity foundation doesn't seem to bother publicising his zillion-dollar donations anymore. The Li Ka Shing Institute of Health Sciences quietly opened at Chinese University recently with little fanfare following a HK$100 million gift. There was no invitation to the media and few reporters in sight. Instead, Mr Li (right, with son Victor)... https://www.scmp.com/article/607925/li-cures-bad-publicity-quiet-naming-medical-facility?utm_source=rss_feed https://www.scmp.com/article/607925/li-cures-bad-publicity-quiet-naming-medical-facility?utm_source=rss_feed Fri, 14 Sep 2007 16:00:00 +0000 The Li Ka Shing Foundation has donated C$3 million (HK$22.8 million) to the University of Calgary. The university's Schulich School of Engineering, which will match the donation, will create an endowed chair to improve research that leads to innovative educational programmes. Mr Li believes the spirit of reason and innovation is the key to any society's continuous progress, said a university statement. The engineering school is one of the most competitive in Canada for engineering... https://www.scmp.com/article/598707/li-ka-shing-foundation-makes-canadian-gift?utm_source=rss_feed https://www.scmp.com/article/598707/li-ka-shing-foundation-makes-canadian-gift?utm_source=rss_feed Fri, 29 Jun 2007 16:00:00 +0000 A 40 per cent jump in Hutchison Whampoa's net profit last year failed to improve the future of most of its executives, including managing director Canning Fok Kin-ning - although he still topped the pay charts for executives of Hong Kong-listed firms for the sixth consecutive year. Mr Fok was paid HK$130.94 million, down 0.01 per cent from 2005. His bonus last year was unchanged at HK$119 million. Mr Fok was the key driver of the Li Ka-shing flagship's strong financial performance last... https://www.scmp.com/article/589670/fok-still-highest-paid-hk1309m?utm_source=rss_feed https://www.scmp.com/article/589670/fok-still-highest-paid-hk1309m?utm_source=rss_feed Thu, 19 Apr 2007 16:00:00 +0000 PolyU Community College to expand AD programme Polytechnic University's Community College will expand its associate degree programme to 26 specialities, including language and culture and environmental science, when it moves into its new state-of-the-art campus in Hung Hom Bay this autumn. The new development, near Hung Hom train station, features 54 classrooms, two 'tomorrow's classrooms' equipped with round-the-room audio-visual projection walls, 23 teaching rooms and a computer... https://www.scmp.com/article/587187/class-notes?utm_source=rss_feed https://www.scmp.com/article/587187/class-notes?utm_source=rss_feed Fri, 30 Mar 2007 16:00:00 +0000 HKUST makes stern breakthrough Hong Kong University of Science and Technology's business school is to launch a joint global finance programme with Stern School of Business, New York University. The two schools signed a memorandum of understanding yesterday to start the programme in September. The two-year course is Stern's first partnership with an Asian business school. Harsh realities put to test Around 300 secondary school students are experiencing first hand the life of a refugee this... https://www.scmp.com/article/584440/class-notes?utm_source=rss_feed https://www.scmp.com/article/584440/class-notes?utm_source=rss_feed Fri, 09 Mar 2007 16:00:00 +0000 Staff turnover and vacancies on the rise The Hong Kong Institute of Human Resource Management found staff turnover in the fourth quarter of last year was 2.66 per cent, 0.33 percentage points up on the previous year. The retail sector suffered the highest staff turnover at 5.24 per cent, followed by the business and professional services sector at 4.11 per cent and telecommunications at 3.75 per cent. Vacancies also rose in the fourth quarter, climbing 0.2 percentage points year on year to... https://www.scmp.com/article/584309/brief?utm_source=rss_feed https://www.scmp.com/article/584309/brief?utm_source=rss_feed Thu, 08 Mar 2007 16:00:00 +0000 Tycoon Li Ka-shing yesterday urged Asian entrepreneurs and business leaders to treat charitable donations as a 'duty' as important as leaving an inheritance for their own children. Speaking to several hundred business leaders as he accepted the first Malcolm S. Forbes Lifetime Achievement Award in Singapore, the Hutchison Whampoa and Cheung Kong (Holdings) chairman called on them to invest in 'social capital' that would benefit society. 'Who can stay blind or be insensitive to the widening... https://www.scmp.com/article/562974/giving-charity-duty-says-li-ka-shing?utm_source=rss_feed https://www.scmp.com/article/562974/giving-charity-duty-says-li-ka-shing?utm_source=rss_feed Tue, 05 Sep 2006 16:00:00 +0000 Tycoon Li Ka-shing, one of the world's 10 richest people with an estimated fortune of US$18.8 billion, has announced he will donate at least a third of his wealth to charity. Who should the beneficiaries be? Write to us https://www.scmp.com/article/561650/charitable-act?utm_source=rss_feed https://www.scmp.com/article/561650/charitable-act?utm_source=rss_feed Fri, 25 Aug 2006 16:00:00 +0000 Li ka-shing's fabulous pledge to third son won't include flagship shares Call it the Li Ka-shing style of philanthropy. Asia's richest tycoon yesterday promised to give away one-third of his wealth to his charity, which he often refers to as his third son, and is ready to open his cheque book for a HK$10 billion commitment. Giving away a substantial part of one's wealth isn't easy in Chinese culture but we believe Mr Li can share the joy of the world's richest people, Bill Gates and Warren... https://www.scmp.com/article/561455/lai-see?utm_source=rss_feed https://www.scmp.com/article/561455/lai-see?utm_source=rss_feed Thu, 24 Aug 2006 16:00:00 +0000 The Li Ka Shing Foundation and other private charities associated with the tycoon have donated $7.6 billion to education and medical institutions since 1980. The foundation, set up in 1980, has a mandate to make donations to medical, education, cultural and other community welfare projects in Hong Kong, the mainland and overseas. Institutions in the US, UK, Singapore, Canada and India have received donations. About 45 per cent of the foundation's donations are for education, with another 45... https://www.scmp.com/article/515337/tycoons-charities-give-away-76b-over-25-years?utm_source=rss_feed https://www.scmp.com/article/515337/tycoons-charities-give-away-76b-over-25-years?utm_source=rss_feed Wed, 07 Sep 2005 16:00:00 +0000 Tycoon Li Ka-shing has made an unprecedented donation to an elite secondary school, raising hopes the move will lead to a culture of giving to the secondary education sector. The Li Ka Shing Foundation's donation to St Paul's Co-educational College is believed to involve tens of millions of dollars. The figure is said to be an unprecedented gift to the secondary school sector. The elite school on Macdonnell Road - which was attended by both of Mr Li's sons - will announce later how the money... https://www.scmp.com/article/515336/st-pauls-gets-huge-boost-li-foundation?utm_source=rss_feed https://www.scmp.com/article/515336/st-pauls-gets-huge-boost-li-foundation?utm_source=rss_feed Wed, 07 Sep 2005 16:00:00 +0000 A group of doctors plans to resort to 'people power' on Friday in its fight against the renaming of the University of Hong Kong's medical faculty after tycoon Li Ka-shing. The Concern Group to Preserve the Name of the Faculty yesterday urged the public to join it in pushing the cause at the annual July 1 rally. The group also launched a 'one e-mail, one doctor' campaign addressed to Mr Li through his foundation, the Li Ka Shing Foundation. Mr Li, who has pledged to donate $1 billion to the... https://www.scmp.com/article/506284/hku-rebels-bank-people-power?utm_source=rss_feed https://www.scmp.com/article/506284/hku-rebels-bank-people-power?utm_source=rss_feed Mon, 27 Jun 2005 16:00:00 +0000 Li Ka-shing says he was deeply hurt by 'rude remarks' made in the wake of the offer to rename the University of Hong Kong's medical faculty after him in gratitude for his $1 billion donation. The tycoon said yesterday in a letter to the university's vice-chancellor, Tsui Lap-chee, and friends of the university, that his acceptance was not an act of vanity but arose from a deep affiliation and dedication to Hong Kong. He also believed the move could encourage philanthropy and promote ... https://www.scmp.com/article/505364/li-ka-shing-accept-naming-honour-despite-hurtful-sniping?utm_source=rss_feed https://www.scmp.com/article/505364/li-ka-shing-accept-naming-honour-despite-hurtful-sniping?utm_source=rss_feed Mon, 20 Jun 2005 16:00:00 +0000 Q Should ventilation measures be made compulsory for new developments? Sure. It's certainly a piece of good news for those who have respiratory diseases (including me). Since the appearance and designs of the compact streets in Hong Kong cannot be changed in a short time, imposing compulsory ventilation measures on new developments is the only way to really improve the condition of our city's air. I hope that after a few decades, I can breathe fresh air even standing in the heart on... https://www.scmp.com/article/504644/talk-back?utm_source=rss_feed https://www.scmp.com/article/504644/talk-back?utm_source=rss_feed Wed, 15 Jun 2005 16:00:00 +0000 WELL OVER A MONTH after it was first announced, tycoon Li Ka-shing's surprise $1 billion donation to the University of Hong Kong remains a hot topic. Even for one of Hong Kong's most prominent philanthropists the size of the donation is unprecedented - believed to be the largest given to an Asian university. But the controversy over the equally unprecedented way the university has chosen to recognise the gift - by renaming its medical faculty after the benefactor - refuses to die down. It is... https://www.scmp.com/article/503977/1-billion-gift-stirs-rich-controversy?utm_source=rss_feed https://www.scmp.com/article/503977/1-billion-gift-stirs-rich-controversy?utm_source=rss_feed Fri, 10 Jun 2005 16:00:00 +0000 Over the past 25 years, the Li Ka Shing Foundation has channelled about $7.6 billion to educational, health, cultural and welfare causes. They include: Shantou University: established in 1981 to raise education levels in Mr Li's home town of Chaozhou, Shantou University has received approximately $1.8 billion. The University of Hong Kong: prior to the $1 billion donation, the foundation funded the university's phase 4 expansion, completed in 1994, with the Chong Yuet Ming Buildings named... https://www.scmp.com/article/503976/foundations-big-funding-initiatives?utm_source=rss_feed https://www.scmp.com/article/503976/foundations-big-funding-initiatives?utm_source=rss_feed Fri, 10 Jun 2005 16:00:00 +0000 The University of Hong Kong's decision to name its medical faculty after tycoon Li Ka-shing has aroused strong emotions among some of its graduates. The decision followed a $1 billion, no-strings-attached, donation by Mr Li to help fund the university's emerging role as a key player in China's economic growth and global dealings. The university has since decided to use the bulk of the donation to fund medical research. Opponents to the naming said that if the faculty had to be named, it should... https://www.scmp.com/article/502283/name-game?utm_source=rss_feed https://www.scmp.com/article/502283/name-game?utm_source=rss_feed Fri, 27 May 2005 16:00:00 +0000 As we read Michael Chugani's article criticising the charitable giving of successful Hong Kong businessmen ('Charity begins at home: philanthropist or patriot?' November 18), we could not help but wonder if Mr Chugani had ever looked into the eyes of an impoverished child who, for the first time, was being offered the gift of learning. We wondered if he had ever felt the sudden hope of a promising secondary student who without the means to attend college on her own learns that her tuition -... https://www.scmp.com/article/479986/li-ka-shing-patriot-and-philanthropist?utm_source=rss_feed https://www.scmp.com/article/479986/li-ka-shing-patriot-and-philanthropist?utm_source=rss_feed Sun, 28 Nov 2004 16:00:00 +0000 The Community Chest is refocusing its energies on emergency cases The Community Chest, the organisation that collects and distributes more public donations than any other group, has decided to change its strategy. Thirty-six years after it was founded, it is becoming more flexible to better meet urgent social needs, says the group's chief executive Cecilia Li Wing-yin. It will put more emphasis on supporting services and agencies that do not receive funds from sources such as the government... https://www.scmp.com/article/470605/umbrella-charity-provides-shelter-those-struggling?utm_source=rss_feed https://www.scmp.com/article/470605/umbrella-charity-provides-shelter-those-struggling?utm_source=rss_feed Wed, 15 Sep 2004 16:00:00 +0000 What are the implications for Hong Kong of tycoons like Li Ka-shing admiring the July 1 march and saying that democracy is good for business? Share your views: write to us. https://www.scmp.com/article/425806/tycoons-stand?utm_source=rss_feed https://www.scmp.com/article/425806/tycoons-stand?utm_source=rss_feed Sun, 24 Aug 2003 16:00:00 +0000 Programmes providing professional training in public relations, Chinese medicine and financial analysis have been introduced at the Li Ka Shing Institute of Professional and Continuing Education at the Open University of Hong Kong. The Chinese medicine course is run in partnership with Xiamen University. https://www.scmp.com/article/338805/how-handle-public-relations?utm_source=rss_feed https://www.scmp.com/article/338805/how-handle-public-relations?utm_source=rss_feed Fri, 09 Feb 2001 16:00:00 +0000 More than 1,000 students, divided into groups of seven, took part in the 'Millennium Study Tour' during the summer vacation. They visited 14 cities in the mainland, Germany, the United States, Japan, Canada, Britain, Australia, Sweden and also Singapore. The visit enabled them to take a closer look at environmental protection facilities and the latest developments in the hi-tech field. 'The tour was designed to offer opportunities to students to broaden their horizons and to get to know... https://www.scmp.com/article/330621/tour-boosts-green-insight?utm_source=rss_feed https://www.scmp.com/article/330621/tour-boosts-green-insight?utm_source=rss_feed Sun, 05 Nov 2000 16:00:00 +0000 The Li Ka Shing Foundation has donated $10 million for the Millennium Study Tour this summer. Hong Kong's richest man, Li Ka-shing, a strong supporter of life-long education, believes that learning from experience is just as important as learning from books. Beginning in the middle of this month, about 1,000 outstanding secondary students and 50 teachers will travel in small groups to 14 different cities in the mainland, Singapore, Germany, the United States, Japan, Canada, Britain,... https://www.scmp.com/article/321280/li-donates-10-m-worldwide-millennium-tour-summer?utm_source=rss_feed https://www.scmp.com/article/321280/li-donates-10-m-worldwide-millennium-tour-summer?utm_source=rss_feed Thu, 13 Jul 2000 16:00:00 +0000 Tycoon Li Ka-shing presented $100 million to the Polytechnic University in support of developments such as its School of Professional Education and Executive Education. https://www.scmp.com/article/318097/tycoons-gift?utm_source=rss_feed https://www.scmp.com/article/318097/tycoons-gift?utm_source=rss_feed Thu, 01 Jun 2000 16:00:00 +0000 Tycoon Li Ka-shing believes that you never stop learning. He said what you can glean from experience is just as important as what you can gain from books. With the support of the Education Department, the Li Ka Shing Foundation has donated $7 million to sponsor a Millennium Study Tour for 1,000 local students this summer. The senior secondary students will travel in small groups to the mainland, Southeast Asia, Europe, America and Australia to experience different cultures and customs. The... https://www.scmp.com/article/308059/tycoon-sponsors-millennium-study-tour?utm_source=rss_feed https://www.scmp.com/article/308059/tycoon-sponsors-millennium-study-tour?utm_source=rss_feed Sun, 13 Feb 2000 16:00:00 +0000