China Business News: Li Ka-shing further raises stake in Cheung Kong

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Li Ka-shing further raises stake in Cheung Kong

Nov. 30, 2009 (China Knowledge) - Hong Kong business tycoon Li Ka-shing, chairman of Cheung Kong (Holdings) Ltd<0001>, has raised his stake in Cheung Kong to 40.96% from the previous 40.90%, according to a statement the property developer filed with the Hong Kong Stock Exchange. Data from the bourse operator showed that Li on Nov. 25 bought 1.54 million shares in the real estate developer f

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