Topic
Richard Li Tzar-kai is founder and chairman of Pacific Century Group (PCG), an Asia-based long-term private investment group founded in 1993 with interests in financial services, technology, media and telecommunications (TMT), and property. Li founded PCCW, which later acquired HKT, and the company has business lines in telecommunications, media and IT solutions. He leads the asset management company PineBridge Investments, insurance business FWD Group and runs Hong Kong-based Pacific Century Premium Developments and Singapore-based Pacific Century Regional Developments. Li was awarded the Lifetime Achievement Award by the Cable & Satellite Broadcasting Association of Asia in 2011, and is a member of the Center for Strategic and International Studies' International Councillors Group in Washington.
TOPIC
Richard Li Tzar-kai is founder and chairman of Pacific Century Group (PCG), an Asia-based long-term private investment group founded in 1993 with interests in financial services, technology, media and telecommunications (TMT), and property. Li founded PCCW, which later acquired HKT, and the company has business lines in telecommunications, media and IT solutions. He leads the asset management company PineBridge Investments, insurance business FWD Group and runs Hong Kong-based Pacific Century Premium Developments and Singapore-based Pacific Century Regional Developments. Li was awarded the Lifetime Achievement Award by the Cable & Satellite Broadcasting Association of Asia in 2011, and is a member of the Center for Strategic and International Studies' International Councillors Group in Washington.
- FWD will raise more than US$1.4 billion in a private share placement to global investors including Apollo, CPPIB, Swiss Re and Siam Commercial Bank
- The Hong Kong insurer plans to sell shares in the city in the first half of 2022, dropping its listing plan in New York, a source said
The Securities and Exchange Commission is asking about potential risks associated with Beijing extending its authority over Hong Kong-based firms, people familiar with the matter said.
The Securities and Exchange Commission is asking about potential risks associated with Beijing extending its authority over Hong Kong-based firms, people familiar with the matter said.
Hyphen Group’s merger with blank-cheque company Provident Acquisition could value combined entity at around US$1 billion, say sources.
Hyphen Group’s merger with blank-cheque company Provident Acquisition could value combined entity at around US$1 billion, say sources.
FWD Group, which plans to go public on the New York Stock Exchange, is seeking to raise US$2 billion to US$3 billion from its IPO, according to sources.
FWD Group, which plans to go public on the New York Stock Exchange, is seeking to raise US$2 billion to US$3 billion from its IPO, according to sources.
The property tech company plans to go public in the US following its merger with a SPAC backed by Hong Kong billionaire Richard Li.
The property tech company plans to go public in the US following its merger with a SPAC backed by Hong Kong billionaire Richard Li.
PropertyGuru is Southeast Asia’s biggest property technology company and the first acquisition by one of Li’s three US-listed blank-cheque companies.
PropertyGuru is Southeast Asia’s biggest property technology company and the first acquisition by one of Li’s three US-listed blank-cheque companies.
Asian investors are still keen to tap what has been one of the hottest fundraising trends in the past two years, after blank-cheque companies raised nearly US$94 billion in the first quarter.
Asian investors are still keen to tap what has been one of the hottest fundraising trends in the past two years, after blank-cheque companies raised nearly US$94 billion in the first quarter.
PCGI Intermediate, FWD’s holding company, said that it had made a confidential filing with the SEC for the IPO. Rumours of a listing by the insurer have been circulating in the market for two years now.
PCGI Intermediate, FWD’s holding company, said that it had made a confidential filing with the SEC for the IPO. Rumours of a listing by the insurer have been circulating in the market for two years now.
The Hong Kong-based entrepreneur is teaming up with PayPal’s co-founder Peter Thiel again to tap the market for another blank-cheque company.
The Hong Kong-based entrepreneur is teaming up with PayPal’s co-founder Peter Thiel again to tap the market for another blank-cheque company.
Surging popularity in the US has Asia-based funds seeking to tap special purpose acquisition companies, this year’s red-hot capital raising trend, according to deal makers.
Surging popularity in the US has Asia-based funds seeking to tap special purpose acquisition companies, this year’s red-hot capital raising trend, according to deal makers.
The Hong Kong billionaire has teamed up with Silicon Valley’s Peter Thiel to form an acquisition vehicle that is in talks with Southeast Asian unicorns, including Indonesia’s Tokopedia.
The Hong Kong billionaire has teamed up with Silicon Valley’s Peter Thiel to form an acquisition vehicle that is in talks with Southeast Asian unicorns, including Indonesia’s Tokopedia.
The Hong Kong-based life insurance company said on Monday that it would buy a stake in Indonesia’s PT Asuransi BRI Life, finally securing a company it has been chasing for years by winning a fiercely contested auction.
The Hong Kong-based life insurance company said on Monday that it would buy a stake in Indonesia’s PT Asuransi BRI Life, finally securing a company it has been chasing for years by winning a fiercely contested auction.
While HSBC staff will receive lucky money of HK$500 each in the form of electronic transfer to their payroll accounts, employees of most banks and insurers will get anywhere between HK$50 to HK$200.
While HSBC staff will receive lucky money of HK$500 each in the form of electronic transfer to their payroll accounts, employees of most banks and insurers will get anywhere between HK$50 to HK$200.
In the biggest campaign of its kind so far, 20 of the city’s largest companies and chambers of commerce published an open letter calling for calm in eight Chinese-language newspapers
In the biggest campaign of its kind so far, 20 of the city’s largest companies and chambers of commerce published an open letter calling for calm in eight Chinese-language newspapers
Swiss Re says it has been exploring a potential stake sale to China Pacific, but a deal would depend on several factors.
Swiss Re says it has been exploring a potential stake sale to China Pacific, but a deal would depend on several factors.
Police said they received a report at 7.26am on Saturday from the residence along Big Wave Bay Road of a person acting suspiciously.
Police said they received a report at 7.26am on Saturday from the residence along Big Wave Bay Road of a person acting suspiciously.
Richard Li Tzar-kai, the Hong Kong telecoms tycoon and younger son of Li Ka-shing, the city’s richest man, backed the “one country, two systems” principle in full-page adverts in seven newspapers on Thursday.
Richard Li Tzar-kai, the Hong Kong telecoms tycoon and younger son of Li Ka-shing, the city’s richest man, backed the “one country, two systems” principle in full-page adverts in seven newspapers on Thursday.