超富裕 HONG KONG PAYDAY, BABY!

billionare-Asia

HONG KONG—Shares in blue chip firms Cheung Kong Holdings Ltd and Hutchison Whampoa surged on Monday after Asia’s richest person, Li Ka-shing ,announced the reorganization of his empire into two new companies.

By the close of trading in Hong Kong Monday, Mr. Li and his family’s stakes in Hutchison and Cheung Kong were valued at US$19.9 billion combined, up 14.5% from US$17.4 billion Friday. Cheung Kong soared 14.7% to close at 143.2 Hong Kong dollars (US$18.47) Monday, outperforming the benchmark Hang Seng Index’s 0.5% gain, while Hutchison Whampoa jumped 12.5% to close at HK$98.35.

Mr. Li, 86 years old, said Friday the real-estate assets of Cheung Kong and Hutchison will be carved out into a new company listed in Hong Kong, to be called CK Property. Read the rest of this entry »


When Hong Kong is a Woman

This isn’t the type of item I’d normally repost, I’m not usually drawn to media about fashion, but this enchanting video discovered by Happy-Go-Lucky really captivated me. Perhaps it will you, too.

“Hong Kong is one of the most amazing cities I had a chance to visit. It is bustling with life, exotic and extremely modern. This short movie by Louis Vuitton captured the city’s atmosphere so well that it took me back in time to days that I spent in Hong Kong.”

Happy-Go-Lucky