{"id":115006,"date":"2020-03-19T19:04:39","date_gmt":"2020-03-19T12:04:39","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/all-eyes-are-on-victor-li-as-he-steers-the-cheung-kong-group-through-hong-kongs-worst-economic-slump-in-decades\/"},"modified":"2020-03-19T20:07:27","modified_gmt":"2020-03-19T13:07:27","slug":"all-eyes-are-on-victor-li-as-he-steers-the-cheung-kong-group-through-hong-kongs-worst-economic-slump-in-decades","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/all-eyes-are-on-victor-li-as-he-steers-the-cheung-kong-group-through-hong-kongs-worst-economic-slump-in-decades\/","title":{"rendered":"All eyes are on Victor Li, as he steers the Cheung Kong Group through Hong Kong\u2019s worst economic slump in decades"},"content":{"rendered":"


\nVictor Li Tzar-kuoi, the elder son of Hong Kong’s richest man, said the two flagship companies founded by his father nearly seven decades ago are financially adequate to survive and thrive in the city\u2019s worst economic slump in decades.CK Hutchison, which owns businesses from chemists and supermarkets to ports and mobile phone networks, posted a 2 per cent increase in 2019 net profit to HK$39.83 billion (US$5.13 billion). Underlying profit at CK Assets, one of the city\u2019s largest property\u2026
\n
\nSource : South China Morning Post
\nRead more…All eyes are on Victor Li, as he steers the Cheung Kong Group through Hong Kong\u2019s worst economic slump in decades<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Victor Li Tzar-kuoi, the elder son of Hong Kong’s richest man, said the two flagship...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-115006","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-tUW","jetpack-related-posts":[{"id":118909,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-mid-sized-developers-seek-to-create-markets-in-unlikely-niches-to-survive-citys-worst-economic-slump-on-record\/","url_meta":{"origin":115006,"position":0},"title":"Hong Kong\u2019s mid-sized developers seek to create markets in unlikely niches to survive city\u2019s worst economic slump on record","date":"October 14, 2020","format":false,"excerpt":"\r Hong Kong\u2019s real estate developers, particularly mid-sized companies that rely on a narrow segment for their sales, are diversifying their product offerings to find potential revenue in new market niches to help them survive the city\u2019s worst recession on record.\r\rSome of them are developing data centres, while others are\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128587,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-developer-unveils-design-of-cheung-kong-center-ii-a-41-storey-skyscraper-in-hong-kongs-central\/","url_meta":{"origin":115006,"position":1},"title":"Li Ka-shing\u2019s developer unveils design of Cheung Kong Center II, a 41-storey skyscraper in Hong Kong\u2019s Central","date":"August 10, 2022","format":false,"excerpt":"\r The redevelopment of Hutchison House will add 550,000 square feet of prime office space \u2013 about the size of 10 football fields \u2013 in Hong Kong\u2019s main business zone of Central.\r \r Source : South China Morning Post\r Read more...Li Ka-shing\u2019s developer unveils design of Cheung Kong Center II,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61072,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cheung-kong-sun-hung-kai-laughing-all-the-way-to-the-bank-in-worlds-priciest-apartment-market\/","url_meta":{"origin":115006,"position":2},"title":"Cheung Kong, Sun Hung Kai laughing all the way to the bank in world\u2019s priciest apartment market","date":"July 18, 2017","format":false,"excerpt":"\r Hong Kong\u2019s residential property prices, which are the highest among the world\u2019s major urban centres, have turned the city\u2019s two biggest developers into winners, helping them beat their 12-month sales targets half way through the year. Cheung Kong Property Holdings, the flagship developer of Hong Kong\u2019s wealthiest man Li\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115865,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-buyers-shun-developers-sales-overtures-as-economic-slump-deters-families-from-capital-commitments\/","url_meta":{"origin":115006,"position":3},"title":"Hong Kong home buyers shun developers\u2019 sales overtures as economic slump deters families from capital commitments","date":"April 25, 2020","format":false,"excerpt":"\r Hong Kong\u2019s weekend home sales flopped for the fourth time in six weeks, in another sign that the residential property industry\u2019s worst slump in a decade has some ways to go before recovering.CK Asset Holdings sold 11 of the 170 Seaside Sonata flats on offer in Sham Shui Po\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8336,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shing-hopes-to-raise-payout-for-cheung-kong-property-this-year\/","url_meta":{"origin":115006,"position":4},"title":"Li Ka-shing hopes to raise payout for Cheung Kong Property this year","date":"March 17, 2016","format":false,"excerpt":"\r Tycoon Li Ka-shing says he hopes to raise dividend payout for Cheung Kong Property Holdings this year after Hong Kong\u2019s second-largest developer saw underlying profit grow 29 per cent year on year in 2015.\r \r Source : South China Morning Post\r Read more...Li Ka-shing hopes to raise payout for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23721,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cheung-kong-puts-the-center-up-for-sale-as-li-ka-shing-trims-hong-kong-assets\/","url_meta":{"origin":115006,"position":5},"title":"Cheung Kong puts The Center up for sale as Li Ka-shing trims Hong Kong assets","date":"August 23, 2016","format":false,"excerpt":"\r Hong Kong\u2019s wealthiest man is putting his tallest building in the city up for sale, garnering bids from several Chinese buyers that point to the increasing trend of mainland companies with deep pockets snapping up local assets.\r \r Source : South China Morning Post\r Read more...Cheung Kong puts The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115006"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=115006"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115006\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=115006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=115006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=115006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}