Ding shopped the firm around to investors, including a tech firm run by Li Ka-shing, but found no takers.

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Others who stand to benefit from a purchase include Waze investors Kleiner Perkins, billionaire Li Ka Shing, Blue Run Ventures, Magma Venture Partners and Vertex Venture Capital.

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But there is anger over the apparent greed of the development companies, controlled by Li Ka-shing, that run South Horizons.

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The state-run China Daily quoted Mr. Li as saying that the company planned to return some undeveloped land to the village.

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" Responding to the run-up in WLT, Li said, "Walter has outperformed its peers because it has successfully transformed itself from a sub-prime lending and homebuilding and coal business to a pure play in high margin metallurgical coal business.

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Alleged visionaries like Li sometimes luxuriate in their media-created image and run the risk of losing sight that not everyone is e-nergizing themselves at the same speed.

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On the agenda: "Kung Fu Panda 3, " Chinese state-run news agency Xinhua cited CMC chief investment officer Li Huaiyu as saying in an exclusive interview.

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On an Erok-run night expect to hear everything from Daft Punk, Calvin Harris, A-Trak and Lykke Li to Sam Young, Jesse Marco and Jupiter Jazz.

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