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  • 3 Post By mrgoodkat
  • 2 Post By cookie09

Cheung Kong puts The Center up for sale as Li Ka-shing trims Hong Kong assets

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  1. #1

    Join Date
    Oct 2006
    Location
    Hong Kong
    Posts
    15,279

    Cheung Kong puts The Center up for sale as Li Ka-shing trims Hong Kong assets

    http://m.scmp.com/business/china-bus...rims-hong-kong

    35 beeeeelllllliiiiiooooooonnnnn dolla!

  2. #2

    Join Date
    Jan 2010
    Posts
    6,365

    We should crowdfund and rename it the "You know the way to the airport Centre"

    East_coast, shri and JAherbert like this.

  3. #3

    Join Date
    Aug 2009
    Posts
    2,677

    He has trimmed his China exposure very timely and he is now trimming his hk exposure. He probably knows where the hk politics are going from a mainland perspective and he knows it's not looking good, so trimming hk makes logic sense

    shri and JAherbert like this.

  4. #4

    Join Date
    Dec 2002
    Location
    薄扶林
    Posts
    45,362

    And an easy way out for Chinese companies to get their money out of China.


  5. #5

    Join Date
    Dec 2002
    Location
    薄扶林
    Posts
    45,362