{"id":29655,"date":"2016-10-12T18:46:46","date_gmt":"2016-10-12T11:46:46","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/aborted-property-acquisition-points-to-power-shift-at-li-ka-shing-controlled-companies\/"},"modified":"2016-10-12T18:59:59","modified_gmt":"2016-10-12T11:59:59","slug":"aborted-property-acquisition-points-to-power-shift-at-li-ka-shing-controlled-companies","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aborted-property-acquisition-points-to-power-shift-at-li-ka-shing-controlled-companies\/","title":{"rendered":"Aborted property acquisition points to power shift at Li Ka-shing controlled companies"},"content":{"rendered":"


\nA rift among two listed firms controlled by Hong Kong\u2019s richest man Li Ka-shing is deepening after a HK$1.87 billion property deal collapsed Wednesday, raising speculation that a new generation of Li-family leadership is beginning to assert itself in strategic decision making, overriding the old guard.
\nA plan by Prosperity Real Estate Investment Trust (Prosperity Reit) to acquire a commercial property in Kwun Tong for HK$1.87 billion was abandoned after its substantial shareholder, Chueng…
\n
\nSource : South China Morning Post
\nRead more…Aborted property acquisition points to power shift at Li Ka-shing controlled companies<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A rift among two listed firms controlled by Hong Kong\u2019s richest man Li Ka-shing is...<\/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-29655","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\/p75ss1-7Ij","jetpack-related-posts":[{"id":70730,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shing-to-sell-stake-in-hk-skyscraper-for-record-5-2bn\/","url_meta":{"origin":29655,"position":0},"title":"Li Ka-shing to sell stake in HK skyscraper for record $5.2bn","date":"November 2, 2017","format":false,"excerpt":"\r Sale of holding in The Center to become biggest transaction for single office building\r \r Source : ft.com\r Read more...Li Ka-shing to sell stake in HK skyscraper for record .2bn","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70654,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shing-sells-the-center-in-us5-15-billion-record-deal-to-trim-his-flagships-hong-kong-assets\/","url_meta":{"origin":29655,"position":1},"title":"Li Ka-shing sells The Center in US$5.15 billion record deal to trim his flagship\u2019s Hong Kong assets","date":"November 1, 2017","format":false,"excerpt":"\r Li Ka-shing, Hong Kong\u2019s wealthiest tycoon and chairman of CK Asset Holdings, has parted ways with the tallest building in his property portfolio, selling The Center tower for a record HK$40.2 billion (US$5.15 billion) to a consortium comprising the city\u2019s investors and buyers from mainland China, marking the most\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49154,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-driver-of-ck-propertys-earnings-to-remain-buoyant-li-ka-shing-says\/","url_meta":{"origin":29655,"position":2},"title":"Hong Kong home prices, driver of CK Property\u2019s earnings, to remain buoyant, Li Ka-Shing says","date":"March 22, 2017","format":false,"excerpt":"\r Residential property prices in Hong Kong, already the world\u2019s costliest urban centre to live in, will remain buoyant over the next two years because the supply of land and new homes can\u2019t keep up with demand, said Li Ka-Shing, the city\u2019s wealthiest man and one of the biggest builders\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62695,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-ck-property-spends-us895m-on-share-buy-backs-as-interim-profits-rise-14-per-cent\/","url_meta":{"origin":29655,"position":3},"title":"Li Ka-shing\u2019s CK Property spends US$895m on share buy-backs as interim profits rise 14 per cent","date":"August 3, 2017","format":false,"excerpt":"\r Chueng Kong Property Holdings, controlled by tycoon Li Ka-shing, has reported a 14 per cent increase in core profits for the first half year, driven by a strong contribution from Hong Kong property sales. Underlying profit, excluding revaluation gains on investment properties, amounted to HK$9.48 billion (US$1.21 billion), or\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83735,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shing-may-be-retiring-but-his-companies-carry-on-making-deals\/","url_meta":{"origin":29655,"position":4},"title":"Li Ka-shing may be retiring, but his companies carry on making deals","date":"March 26, 2018","format":false,"excerpt":"\r Hong Kong richest man Li Ka-shing may have announced his retirement, but his companies are still making deals in the first quarter, according to data from Thomson Reuters. There are two deals involving Li affiliated companies worth US$58.9 million, according to Thomson Reuters\u2019 tracking on Hong Kong mergers and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170550,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/superman-li-ka-shing-tops-hong-kongs-billionaire-list-with-us45-1-billion-forbes\/","url_meta":{"origin":29655,"position":5},"title":"\u2018Superman\u2019 Li Ka-shing tops Hong Kong\u2019s billionaire list with US$45.1 billion: Forbes","date":"February 12, 2026","format":false,"excerpt":"\r Tycoon Li Ka-shing has added more than US$6 billion to his net worth, boosting his standing as Hong Kong\u2019s richest individual and contributing to a US$65 billion increase in the assets of the city\u2019s 50 richest people, according to Forbes. Li, whose business interests span real estate, infrastructure and\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\/29655"}],"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=29655"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/29655\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=29655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=29655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=29655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}