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Victor Li Tzar-kuoi is Hong Kong-based businessman with Canadian citizenship. Hi is son of tycoon Li Ka-shing. Sorry for my poor english translation. He studied civil engineering at St. Paul's Co-educational College (en) Hong Kong where he obtained a bachelor of science. In late 2003, Li became the main shareholder of Air Canada. After several disagreements with the company for air travel, Li severed from his contract. --- The Chinese company Cheung Kong (Holdings) is the flagship of the Cheung Kong Holding and the Group and is headquartered in Hong Kong [1]. The group consists of ten companies that are listed on the Hong Kong Stock Exchange (HKSE). The market capitalization of the entire group is HK $ 815 billion (as of 15 May 2007). The Cheung Kong Group operates in various business sectors, from real estate and media telecommunications to biotechnology, ports and retail. It operates in 55 countries and has 240,000 employees. Li Ka Shing Cheung Kong Industries was founded in 1950 as a manufacturer of plastic companies. Under his leadership the company grew strongly and became a construction and investment companies. In 1972 he brought Cheung Kong (Holdings) to the stock exchange in 1979 he took over Hutchison Whampoa Limited, which is now nearly 50% of Cheung Kong (Holdings). Today, Mr. Li Ka Shing is the chairman of Cheung Kong (Holdings) Limited and Hutchison Whampoa Limited. His eldest son, Victor Li is the Managing Director and Deputy Chairman of Cheung Kong (Holdings) Limited, Deputy Chairman of Hutchison Whampoa Limited, and Chairman of Cheung Kong Infrastructure Holdings Limited and CK Life Sciences Int'l., (Holdings) Inc. ---- The Cheung Kong Group has the following structure of subsidiaries and business units [2]: Cheung Kong (Holdings) Limited SEHK: 0001, a permanent member of the Hang Seng Index Hutchison Whampoa Limited SEHK: 0013, a permanent member of the Hang Seng Index is one of 49.97% of Cheung Kong (Holdings) Limited. ---- Well-known projects by Hutchison Whampoa and Cheung Kong (Holdings) Within the Hutchison Whampoa Property and Hotel Group: Hotels: Harbour Plaza Resort City and Harbour Plaza North Point (Harbour Plaza Hotels & Resorts). About Hutchison Harbour Ring Limited: Office buildings: The Center. ---- Cheung Kong expected to stabilize real estate prices Real estate developers see a stabilization in expensive Hong Kong property market. The vice-president of the company, Victor Li, said at a press conference that property prices in Hong Kong would remain at the current high level rather than to continue to rise. As the South China Morning Post writes today, a Hong Kong brokerage is however expected that prices for housing in Hong Kong in the next 12 months could fall by 15 percent if the mortgage interest rates will rise by two percent. ---- The Hong Kong-based property company Cheung Kong (Holdings) Ltd.. , The second largest group of billionaire Li Ka-shing, posted a profit in the fiscal year increased by 35 percent, reflecting a higher contribution of the division Hutchison Whampoa Ltd.. and is due one-off proceeds from property sales. According to the company, on Tuesday, the net profit attributable to shareholders of the Group at 26.48 billion Hong Kong dollars (HKD), revised by HK $ 19.62 billion last year. Analysts had expected in advance the result of HKD 20.2 billion. Without the inclusion of Hutchison Whampoa, the result improved by 29 percent to HK $ 16.47 billion. The turnover (excluding joint ventures and Hutchison Whampoa) grew at the same time by 35 percent to HK $ 32.86 billion. For the fiscal year, the Group intends to distribute a dividend of $ 2.95 HKD per share, compared with the previous year, an increase of 9.3 percent. ---- Cheung Kong Infrastructure is the largest publicly listed infrastructure company in Hong Kong, with investment in energy infrastructure, transport infrastructure, water infrastructure and business infrastructure in Hong Kong, China, Australia and New Zealand, Great Britain and the Philippines. Tracker is a CFD that is a leveraged product and carries a high risk to your capital. You can lose more than your deposit. This product may not be suitable for all investors. So make sure you understand the risks involved and let us independent advice if necessary. You should read our risk warning for Tracker. Investment successes in the past do not guarantee future success. Telephone calls may be recorded. ---- Cheung Kong Center is the name of the seventh-highest skyscraper in the city of Hong Kong. Designed by Cesar Pelli building is 283 meters high and was completed in 1999 and has 62 floors. The current users of the skyscraper, the company McKinsey & Company. ---- Cheung Kong (Holdings) Limited is the largest company of the Cheung Kong Group, a global conglomerate. Alone in Hong Kong have recorded the following subsidiaries: Cheung Kong Holdings |
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