BRIEF NO.1
hi has
made
а литва л леделе сжижень Investments,
+
Particularly in North America,
ед
he has a
purchased Horaky
ممنه
the
Vancouver Expo)
silé and 2.30%
of the Husky Oil to
で
CBE, JP:
MR LI KA-SHING
KA-SHING
BACKGROUND NOTE
Born Chaozho China 1928.
Businessman.
Chairman of Cheung Kong (Holdings) Ltd
and Hutchison Whampoa Ltd. Also holds directorships in several other important
Hong Kong companies, including the Hong Kong & Shanghai Banking Corporation.
Shareholder in Dragonair through Cheung Kong (Holdings) Ltd. Married, 2 sons.
-
Li is one of Hong Kong's wealthiest and most prominent businessmen. From his
'flagship' company, Cheung Kong (Holdings) Ltd (mainly a property development
firm) he has launched several takeovers of more established companies most
recently Hutchison Whampoa Ltd (a property and trading company) and Hong Kong
Electric (one of Hong Kong's major utilities) Hutchison was rescued from
near collapse during the 1970s by an Australian, Mr Bill Wyllie, whom Li replaced as Managing Director with Simon Murray,) his own choice.
After starting in 'plastic flowers' Li reputedly made his first fortune in
the late 1960s by buying up cheap property and land in Hong Kong in the wake
of the disturbances of 1966/7. He is one of the more potent symbols of Hong
Kong's continuing economic expansion.
this wealth
And position делі
gene hem
Consedemble
influence
недку
i
Li does not play any formal part in Hong Kong's public life, although he is
a member of the Hong Kong Basic Law Drafting Committee, but his wealth and
position nonetheless give him considerable influence. He maintains good
relations with Peking, but is essentially his own man in his business dealings.
a مشاد
A
the Young Kang
Li
Board Member of Chest and has made lage Мисти duvanably anthout- fanfare. I he is also
X
Community
number of tharlable darations,
active
Оло
several bad benevolent personal contributes linked with the CHIU CHOW Community in
a member of the Base haw D
-01273
a
associations in Hart & can early
He as Committed.
raffting
member of the Anglo Hong Kong Forest.
July 1987
March 1989
999-80
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