Pursuits

Billionaire Li Says He Is Committed to Hong Kong After Leung Win

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Billionaire Li Ka-shing, Hong Kong’s richest man, pledged to keep his investments in the city and urged support for the next chief executive, Leung Chun-ying, after backing the candidate he defeated in an election.

“I definitely won’t” withdraw investments from Hong Kong, the 83-year-old told reporters after his companies announced earnings yesterday. “I’ve been in Hong Kong since 1940. I have a special feeling for this place and I love my country and Hong Kong, and I have a strong sense of identity as a Chinese.”