Stephen Dixon 15:02 19/10/2020

Li Ka-shing, Hong Kong’s richest man, is known to his admirers as “superman” for his knack for picking assets on the cheap. But that magic touch has not been working on his own companies lately.
Li and his elder son Victor Li Tsar-kuoi – who now runs the ports-to-property empire – have spent about HK$3 billion (US$490 million) since August last year to buy the flagging shares of CK Asset Holdings $1 and CK Hutchison Holdings $1333

Stephen Dixon 15:02 19/10/2020

$1333 $1 Despite the series of purchases, CK Asset’s stock is sinking towards last March’s record low, while CK Hutchison is approaching its lowest level since a group revamp in 2015. #sell

www.scmp.com/business/com...asset-ck