Li Ka-Shing's Son Stumbles in Year Since Father’s Retirement
- Canada and Australia setbacks mar Victor Li’s first year at CK
- Company takes cautious approach with Hong Kong redevelopments
Victor Li
Photographer: Bobby Yip/BloombergThis article is for subscribers only.
Following in his father’s footsteps was always going to be a challenge for CK Hutchison Holdings Ltd.’s Victor Li.
Li Ka-shing, the self-made billionaire who over seven decades turned a plastic flower business into a global empire spanning ports and property to telecommunications and retailing, last March announced he would retire. He then handed the top position at the family-controlled conglomerate to his eldest son.