Li Ka-shing’s China Clash Unnerves Rich Investors in Hong Kong
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Li Ka-shing’s strained relationship with Beijing has sent a clear reminder to Hong Kong’s tycoons and global investors eyeing the city as a wealth hub: never downplay geopolitics.
China’s move to amplify criticism of the billionaire’s blockbuster ports deal with BlackRock Inc. and probe the transaction for antitrust violations has drawn the attention of rich investors and their advisers.