After initially making quick profits flipping floors in the 73-story tower ‘The Center’, the combination of anti-government protests, the coronavirus pandemic and escalating US-China tensions has seen vacancies surge, rents drop and dealmaking dry up
5 min read30 Sep 2020However, Li Ka-shing's overall fortune has tumbled $5 billion amid the pandemic
1 min read10 Apr 2020Li Ka-shing saw the risks of placing all his bets in one place and started diversifying 25 years agoYears of diversification into Europe, North America and Australia have made CK Hutchison the least exposed among Hong Kong conglomerates to the months-long political protests
3 min read28 Aug 2019Li Ka-shing's CK Asset sold its 75% stake in The Centre, located in Hong Kong's central district, to a consortium led by a Chinese energy firm
1 min read16 Oct 2017Mukesh Ambani zooms past Li Ka-shing to become Asia's second richest man as investors rallied behind his Reliance Jio efforts , sending RIL shares to record highs
5 min read1 Aug 2017In an increasingly competitive global environment, second generations of Aisan tycoons find it difficult to keep their parents' businesses flourishing
2 min read27 Jun 2017CK Hutchison chairman Li Ka-shing is likely to step down by his 90th birthday in July next year, reports Wall Street Journal
2 min read20 Jun 2017Li Ka-shing wants to invest in the field of car making via 3-D printing and is also keen on start-ups involved in artificial intelligence, big data and high-tech foods
1 min read5 Oct 2016Chinese billionaires lost more than $14 billion or 6% of their collective net worth, according to the Bloomberg Billionaires Index
3 min read25 Aug 2015Ma adds $25 billion to his fortune this year, riding a 54% surge in Alibaba's shares since its September IPO
2 min read12 Dec 2014The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared