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Hong Kong's richest, Li Ka-shing, retires at 89 after working 'too long'
https://www.reuters.com/article/us-...es-at-89-after-working-too-long-idUSKCN1GS11L
The news of retirement came together with the announcement of better-than-expected results at some of Li’s biggest firms.
CK Hutchison reported a 6 percent rise in 2017 profit to HK$35.1 billion ($4.48 billion), versus the average forecast of HK$34.63 billion from 12 analysts polled by Thomson Reuters.
The real estate arm CK Asset Holdings Limited saw annual profits surge 55 percent, also beating estimates.
https://www.reuters.com/article/us-...es-at-89-after-working-too-long-idUSKCN1GS11L
The news of retirement came together with the announcement of better-than-expected results at some of Li’s biggest firms.
CK Hutchison reported a 6 percent rise in 2017 profit to HK$35.1 billion ($4.48 billion), versus the average forecast of HK$34.63 billion from 12 analysts polled by Thomson Reuters.
The real estate arm CK Asset Holdings Limited saw annual profits surge 55 percent, also beating estimates.
