Asia's richest man runs Hutchison Whampoa, a conglomerate whose interests include ports, retail, energy, infrastructure, properties and mobile networks. Through Cheung Kong Holdings, his publicly traded investment company, Li also oversees a real estate portfolio that includes residential and commercial properties, as well as hotels and industrial space.
Richard Li, the son of Hong Kong’s richest man Li Ka-shing, may have almost quadrupled his investment on a U.S.-backed loan to the bankrupt Fisker Automotive Holdings Inc., according to a settlement agreement.
Andre Boulet, chief executive officer of Inventys Thermal Technologies Inc. in Burnaby, British Columbia, holds up a 6-inch piece of charcoal, showing how light passes through toothpick-sized air shafts. He says the crevices in this filter offer a cheap way to capture carbon dioxide before it ascends into the atmosphere and haunts future generations.
Hutchison Whampoa Ltd., controlled by Asia’s richest man Li Ka-shing, won preliminary approval to build as many as 3,500 homes less than two miles (3.2 kilometers) from London’s Canary Wharf financial district.
The European Union paused its review of Hutchison Whampoa Ltd.’s bid to buy Telefonica SA’s O2 unit in Ireland as the regulator seeks revisions to concessions the company made to win approval for the tie-up.