Li Ka-Shing laments HK wealth gap


Hong Kong: The widening wealth gap is keeping Hong Kong billionaire Li Ka-shing up at night and Asia’s richest man warns it could become “the new normal” if left unaddressed.

The government must introduce fresh impetus to enable dynamic and flexible redistribution policies, Cheung Kong Holdings Ltd chairman Li said when addressing students at China’s Shantou University, according to a speech titled Sleepless in Hong Kong posted on the website of the Li Ka Shing Foundation on June 27.

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