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Stock impact report

Billionaire Li Ka-shing Donates $128 Million As Protests Rock Hong Kong’s Economy [Forbes]

CK HUTCH HLD LTD UNSP/ADR (CKHUY) 
NASDAQ:AMEX Investor Relations: ckh.com.hk/en/ir
Company Research Source: Forbes
Billionaire Li Ka-shing Donates $128 Million As Protests Rock Hong Kong’s Economy Billionaire Li Ka-shing Acting on behalf of Hong Kong’s richest man, the Li Ka Shing Foundation said donation was a response to “the global economic slowdown and the unprecedented challenges facing Hong Kong's local economy. Li Ka-shing, said that his foundation “will take the lead” working with the Hong Kong government’s $2 billion support package for local businesses. Adding, “We welcome comments from all walks of life, work together, brainstorm and work together.” Billionaire embroiled Li Ka-shing’s offer to work with the city government in supporting local businesses comes after he expressed regret for previous comments on the Hong Kong protests Li Ka-shing was forced to respond after China’s Central Political and Legal Affairs Commission reportedly accused him of “harboring criminals” in a Weibo post. The criticism was echoed in the People’s Daily newspaper, which called for Hong Kong’s government t Show less Read more
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