// Adds dimensions UUID, Author and Topic into GA4
Thursday, June 4, 2026
29.4 C
Singapore
type here...
Image grab of Li Ka-Shing
World
Less than 1 min.Read

One of Asia’s richest man, Li Ka-Shing, hit hard in UK polls

The Independent
By The Independent

One of Asia’s richest men has been hit hard by the outcome of the UK election., said a London daily.

The paper said CK Hutchison Holdings Chairman Li Ka-Shing who has has a vast fortune invested in the UK, saw his company emerge as one of the biggest losers on the Hong Kong stock exchange, thanks to the slumped pound.

The pound slumped by around 2 per cent against the dollar.

Mr Li operates Superdrug and Savers stores, as well as ports in the UK, the Three phone company and gas and electricity distribution services, said The Independent UK.

According to Bloomberg, the octogenarian business magnate’s flagship company generated 36 per cent of its total earnings before interest and taxes in the UK in 2016 – revenue that was hit hard by a slump in the pound.

Read more: li-ka-shing-uk-election-result-losses-richest-man-asia-hong-kong-billionaire-ck-hutchison-holdings-a7782136.html

- Advertisement -
Google News Follow Google News WhatsApp Join us on WhatsApp Telegram Follow us on Telegram

Hot this week

Singapore News

Ho Ching: Singapore is a nation of immigrants looking for a better life

Mdm Ho posted about Jan Koum, the coder and co-founder of WhatsApp. He was born in a small town in Ukraine, and moved to the US with his mother and grandmother when he was 16. From humble beginning...
Malaysia

Malaysia: A massive accident and deaths now turned into a racial story online

In Malaysia, whenever there is an accident involving different races - in this case a teenage Chinese and the deaths of malay citizens, - the users on social media platforms tend to turn it into an...

Popular Categories

Singapore NewsFeatured NewsSG EconomySingapore PoliticsLifestyleCelebrityInternational
document.addEventListener("DOMContentLoaded", () => { const trigger = document.getElementById("ads-trigger"); if ('IntersectionObserver' in window && trigger) { const observer = new IntersectionObserver((entries, observer) => { entries.forEach(entry => { if (entry.isIntersecting) { lazyLoader(); // You should define lazyLoader() elsewhere or inline here observer.unobserve(entry.target); // Run once } }); }, { rootMargin: '800px', threshold: 0.1 }); observer.observe(trigger); } else { // Fallback setTimeout(lazyLoader, 3000); } });

The Independent SG

Also Visit

Social Media

© The Independent Singapore

// //
Enable Notifications OK No thanks