News Snapshot:
Business Li Ka-shing regained No. 1 on Forbes Port Rich List-Hong Kong Economic Journal website hkej.com “Forbes” announced the Hong Kong rich list for the new year, and the founder of the Changhe Department Li Ka-shing’s net worth increased by 20% to 35.4 billion U.S. dollars (approximately 276.12 billion Hong Kong dollars), regaining the top spot on the Hong Kong rich list. “Forbes” stated that although Li Ka-shing’s Cheung Kong Group (01113) has fallen 27% in the past year, the share price of Zoom, a US listed company in which he holds shares, has soared and wealth has risen accordingly....
