Fifteen years later, he entered the property business through his flagship company Cheung Kong Holdings.
In 2011, Hong Kong billionaire Li Ka-shing's Cheung Kong Infrastructure Holdings Ltd.
The subsequent demolition of the Hilton in favor of Cheung Kong's 62 stories bruised a few sentimentalists.
Our top picks are Cheung Kong and Sun Hung Kai in Hong Kong and DBS Land in Singapore.
Li Ka-Shing is playing host on the top floor of his cheung kong Center tower in Hong Kong's Central.
Those who bought Cheung Kong at its 1972 listing are 30 times richer.
Li Ka-shing, Asia's richest man, is lowering prices on apartments developed by his flagship Cheung Kong (Holdings) Ltd.
Hutchison and its parent Cheung Kong are among the world's most cash-rich companies.
The problems contrast sharply with the success in China of more low-key conglomerates such as New World Development and Cheung Kong.
Richard's Dad, Li Ka-shing, owns Cheung Kong, which controls half of Hutchison Whampoa, which in turn owns Hutchison, Hong Kong's biggest cellular phone company.
CNN: ASIANOW - Asiaweek | Intelligence | Business: Pick up the Pieces
Evidently bullish, he has been buying up more shares lately in his main holdings, Cheung Kong, Hutchison Whampoa and Canadian oil firm Husky Energy.
As early as 1979, after Cheung Kong had acquired colonial-era Hutchison, Li was supplanting the old taipans as a symbol of Hong Kong power and wealth.
Chairing both Cheung Kong and Hutchison, he stays current with a roster of operations that extends from development to telecom, utilities, retail, online media and petrol.
It was the latest stage in an international program organized by Columbia, top France-based business school Insead and the Cheung Kong Graduate School of Business in Beijing.
According to research by Professor Yijiang Wang of the Cheung Kong Graduate School of Business in Beijing, SMEs are the backbone of the Chinese economy.
For instance, the government is now the owner of nearly 12% of New World Development and of more than 10% of Cheung Kong, two giant property conglomerates.
The event was part of the Global Business Strategy: China program that was sponsored jointly by Columbia Business School Executive Education and the Cheung Kong Graduate School of Business.
Now that Victor is taking control of Cheung Kong and Hutchison, and Richard runs his own Internet conglomerate Pacific Century Cyberworks, Superman is finally in a position to think about hanging up his suit.
Cheung Kong didn't respond to requests for comment, but in his twice-yearly news conference on Tuesday, Mr. Li warned that investors, "definitely shouldn't go into property speculation" at this time because of the financial-market volatility.
None of the members of the powerful Real Estate Developers Association's executive committee - the core of Arculli's constituency which includes representatives from powerful developers such as Cheung Kong, New World and Henderson - supported the motion.
The aim of the program was "to impart a unique, global perspective to the participating CEOs and help Chinese entrepreneurs develop a keen sense of insight into a diverse multicultural, political and economic environment, " according to Cheung Kong's dean, Xiang Bing.
Whether living in a Cheung Kong apartment, switching on a Fortress appliance powered by Hong Kong Electric, buying groceries at Park 'N Shop or toiletries at Watson's, listening to Metro Radio, or, soon, connecting via a PCCW-HKT line, people in the Special Administrative Region are a captive market.
Jie Gan of Cheung Kong Graduate School of Business, Yan Guo of Peking University and Chenggang Xu of the University of Hong Kong conclude that the return on assets and profitability per employee for companies that have undergone partial share offerings is indistinguishable from those that were not privatised at all.
ECONOMIST: Privatisation in China: Capitalism confined | The
In Hong Kong, Chau expects that falling interest rates will help stocks as a whole, especially such blue-chip property developers as Cheung Kong and Sun Hung Kai Properties, both Chau holdings, since lower borrowing costs should stimulate demand for property. (Fair disclosure: Through cef Holdings, Cheung Kong is an investor in Chau's employer, TAL CEF Global Asset Management).
There are only 700 new cases a year in the US, according to Dr. Nai-Kong Cheung, a pediatric oncologist at Memorial Sloan-Kettering Cancer Center in New York City.
Standing next to Gates, Hongkong Telecom chief Linus Cheung warned that Hong Kong must turn its current economic downturn to its advantage.
There he filmed Happy Together, which details the love-hate relationship between Leslie Cheung and Tony Leung, two of Hong Kong's biggest heartthrobs.
Cheung moved to Canada in 1992 but returned to Hong Kong to stay after its handover to China.
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