Hong Kong’s Richest Man Eyes Vietnam, Disappoints Beijing
Posted: Mon May 09, 2022 8:28 pm
CK Asset Holdings, founded by Hong Kong tycoon Li Ka-shing, will invest in real estate in Ho Chi Minh City, Vietnam. The move comes as Vietnam has become the fastest growing country in Southeast Asia, and its GDP growth rate exceeds China’s. Li, who ranked first in the “Hurun Global Real Estate Rich List 2022” with a net worth of $33 billion, has always been a bellwether for Asian investors. The Saigon Times recently reported that CK Asset Holdings Ltd. (01113.HK), Japan’s ORIX Corp., and Vietnam’s Van Thinh Phat Group discussed local investment matters with the leaders of Ho Chi Minh City on April 13. ...
Source: https://www.theepochtimes.com/hong-kong ... 49626.html
Source: https://www.theepochtimes.com/hong-kong ... 49626.html