China Business News: Li Ka-shing raises stake in Cheung Kong to 40.43%

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Li Ka-shing raises stake in Cheung Kong to 40.43%

Oct. 14, 2009 (China Knowledge) - Hong Kong business tycoon Li Ka-shing, chairman of Cheung Kong (Holdings) Ltd<0001>, recently raised his shareholding in Cheung Kong to 40.43% from the previous 40.41%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>. HKEx said that on Oct. 9 Li bought 410,000 shares of Cheung Kong for HK$40.22 million. The average share price

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