Li Ka-shing is not the only Hong Kong tycoon passing the baton

Li Ka-shing is not the only Hong Kong tycoon passing the baton

Victor Li (left) speaks with Li Ka-shing during a news conference in Hong Kong, China, on Friday, March 16, 2018. Photographer: Anthony Kwan/Bloomberg

The retirement of Hong Kong billionaire Li Ka-shing marks another milestone in a vast wealth transfer now underway from a scrappy generation of Chinese empire builders to their heirs.

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