{"id":31732,"date":"2016-10-26T19:06:00","date_gmt":"2016-10-26T12:06:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shing-sells-shanghai-complex-for-us2-95-billion-while-yuan-takes-a-tumble\/"},"modified":"2016-10-26T19:10:47","modified_gmt":"2016-10-26T12:10:47","slug":"li-ka-shing-sells-shanghai-complex-for-us2-95-billion-while-yuan-takes-a-tumble","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shing-sells-shanghai-complex-for-us2-95-billion-while-yuan-takes-a-tumble\/","title":{"rendered":"Li Ka-shing sells Shanghai complex for US$2.95 billion while yuan takes a tumble"},"content":{"rendered":"


\nTycoon Li Ka-shing has sold a Shanghai office and retail complex to a company majority owned by China Life Insurance Co. for 20 billion yuan ($2.95 billion), paring his investment on the mainland while the yuan has taken a tumble.
\nLi\u2019s Cheung Kong Property Holdings Ltd. and the Li Ka Shing (Overseas) Foundation agreed to sell their combined 100 per stake in the Century Link complex in the Lujiazui district to a company that\u2019s been set up for the purchase.
\nThe company is managed by…
\n
\nSource : South China Morning Post
\nRead more…Li Ka-shing sells Shanghai complex for US.95 billion while yuan takes a tumble<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Tycoon Li Ka-shing has sold a Shanghai office and retail complex to a company majority...<\/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-31732","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\/p75ss1-8fO","jetpack-related-posts":[{"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":31732,"position":0},"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":31860,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-else-does-superman-li-own-in-china-after-his-20-billion-yuan-shanghai-sale\/","url_meta":{"origin":31732,"position":1},"title":"What else does Superman Li own in China after his 20 billion yuan Shanghai sale?","date":"October 27, 2016","format":false,"excerpt":"\r Tycoon Li Ka-shing\u2019s sale of a Shanghai property complex this week is the latest move in almost three years of assets disposal, as he charts his exit from mainland China\u2019s surging real estate market in search of steady cash flow. Including this week\u2019s sale of the Century Link complex\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":31732,"position":2},"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":[]},{"id":21484,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/yuan-denominated-property-investment-trust-cuts-payout-ratio-to-aid-expansion\/","url_meta":{"origin":31732,"position":3},"title":"Yuan-denominated property investment trust cuts payout ratio to aid expansion","date":"July 31, 2016","format":false,"excerpt":"\r Hui Xian, the trail-blazing yuan-denominated real estate investment trust in Hong Kong launched by tycoon Li Ka-shing, has cut its payout ratio by 1 percentage point in a bid to shore up capital for future expansion.\r \r Source : South China Morning Post\r Read more...Yuan-denominated property investment trust cuts\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":29655,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aborted-property-acquisition-points-to-power-shift-at-li-ka-shing-controlled-companies\/","url_meta":{"origin":31732,"position":4},"title":"Aborted property acquisition points to power shift at Li Ka-shing controlled companies","date":"October 12, 2016","format":false,"excerpt":"\r A 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. A plan by\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62264,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shing-sells-fixed-line-business-for-1-4bn\/","url_meta":{"origin":31732,"position":5},"title":"Li Ka-shing sells fixed line business for \u00a31.4bn","date":"July 31, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Li Ka-shing sells fixed line business for \u00a31.4bn","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\/31732"}],"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=31732"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/31732\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=31732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=31732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=31732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}