Richard Li
Richard Li
Richard Li Tzar Kai is a Hong Kong businessman and philanthropist. He is the younger son of businessman Li Ka-Shing and brother of Victor Li...
NationalityChinese
ProfessionBusinessman
Date of Birth8 November 1966
CountryChina
arising competition current difficult direct economic extremely industry intense kong result since situation within
It is a direct result of the extremely difficult economic situation in Hong Kong and globally, and of intense competition within our industry arising since the implementation of the current regulatory framework.
achieving becomes business dream equity everyday future good hard hope kong man savings small society street works
If achieving the Hong Kong dream becomes a vanishing hope, then our society will suffer. What would the Hong Kong dream be? It's no different from the American dream, whereby an everyday man on the street who works hard would be able to make good savings and use those savings as equity for their future small business.
building busy ground homes kong relatively sailing underneath
We had been busy building up fibre infrastructure under the ground in Hong Kong and underneath the homes of people, so when we launched IPTV, it was relatively smoother sailing than in other territories.
business capital develop either kong markets mecca move smaller
If you look at some of the smaller capital markets in Asia, when they want funding, they either come here to Hong Kong or they go to California, the mecca of the Internet, because they can capture the liquidity and then move on and do what they want to do, which is develop a business.
designed growth internet key provide services source strategy
Our Internet Services strategy is designed to provide a value-added service for broadband, which is a key source of growth for the company.
good life silicon spent
I've spent a good part of my life in Silicon Valley, California, and I really like that place.
percent spread strategic
This 15 percent will be spread to different big funds, not to any strategic investors.
great price rising talking ventures
Doing ventures is great - I'm talking economics now - if you've got a rising market. It's wonderful. If I hadn't got HKT, I would have been just as happy. Because there's a price for everything. And to overpay for something is awful.
improves money products terms
I want to create something like Sony. Not in terms of manufacturing products but creating something that is innovative, makes money, improves peoples' lives.
believe
I believe it's important that Hong Kong does not become another Chinese city.
ability animosity based decisions discuss news pull willing
If (News Corp. is) not willing to continue, they have the ability to pull out. I'd like to discuss that with News Corp when appropriate. But there must be willingness on the other side. Businessmen do not make decisions based on feelings. There is no animosity on my side.