卻仍未獲得任何名份。
放大圖片
李澤楷兩年內成為三子之父，心情肯定靚到絕。
「依然係梁小姐」
梁洛施上月底在美國三藩市為李澤楷產下
孖仔後，目前仍在美國坐月。
有傳一直希望李家可以開枝散葉的李嘉誠，
對梁洛施今次打孖上感到極度欣慰，終肯答應下月讓她正式入門；
也
有報道指李嘉誠本想立
即飛往美國探望乖孫，但最後因未能放下手頭工作而押後行程。
生完第二胎後一直保持緘默的梁洛施，
昨日終於透過發言人盧覓雪對傳聞作出回
應，對於產
下孖仔及下月結婚傳聞，盧覓雪說：「梁洛施話多謝大家關心，
私人嘢唔回應。」梁洛施現時是否李太身份？盧覓雪說：「唔係，
家依然係
梁小姐身份。」那她近
日生活如何？盧覓雪說：「近期好好。」
據梁洛施身邊好友透露，梁洛施目前仍在美國坐月，
暫未有回港計劃。至於結婚一事，好友說：「呢個
階段未計
劃，梁洛施唔在乎一紙婚書，覺得兩個人喺埋一齊開心就足夠。
家梁洛施生咗三個仔，李家上上下下都好高興。其實呢兩、
三年都有好多人
想搵梁洛施拍戲，但
家梁洛施要照顧三個小朋友，唔會考慮復出問題。」
放大圖片
有指李嘉誠（左）本打算到美國探望兒子李澤楷兩個新生兒，
但因工作被迫押後行程。 資料圖片
TRANSLATION:
Isabella
denies marrying Richard Li. There's been talks of the wedding bells
following the 22-year-old's second attempt at motherhood of which a pair of
twin boys were born late June in San Francisco. Little birds in the high
society has it that Superman Li Ka-shing is over the moon about the arrival
of Richard's second and third heirs and has since agreed to let Isabella in,
as a Li family member. It was reported that Richard Li was to go to visit the
mother and babies himself but was tired down by work.
In a rare attempt to break the silence, Isabella, speaking via her
spokesperson, Michelle Lo, denies any plan of marriage and says she is happy
as she is and has no plan of being Mrs. Li at this point in life.
- 2010 July 17 APPLE DAILY
Hong Kong's Pacific Century Group hails
AIG deal
Hong Kong tycoon Richard Li's Pacific
Century Group said Monday it was "very pleased" after sealing a
500 million dollar deal to buy part of US insurance giant AIG.
PCG will pay an initial 300 million dollars in cash for AIG
Investments, part of American International Group's investment advisory and
asset management business, the US firm said in a statement Saturday.
"PCG
are very pleased to sign this agreement with AIG, although of course with a
number of months until closing we will save our celebrations until
completion," a PCG spokesman said Monday. "
AIGI have a strong
management team, running a substantial portfolio of assets. The company
suits our investment philosophy of making long term investments in quality
businesses."
The units being sold to PCG operate in 32 countries and
manage approximately 88.7 billion dollars in investments belonging to
institutional and retail clients, AIG said.
AIG was the largest single
recipient of US bailouts, with the government pumping more than 170 billion
dollars into the firm in late 2008 to keep it afloat and taking a
controlling stake in the group in the process. The company was on the verge
of collapse last year after backing trillions of dollars in risky financial
products amid a home mortgage meltdown that triggered financial turmoil. It
has been selling off various units as it seeks to steady its financial
operations.
The buyout marks a bold foray into asset management for Li,
chairman of Hong Kong's biggest telecommunications firm, PCCW, and the son
of Li Ka-shing, one of the wealthiest men in Asia.
- 2009 September 7 AFP
This photo from Apple Daily last week says it all!
Tycoon
Richard Li shows off heir Ethan Li with mother Isabella Leong in Toronto
...
exclusively confirmed to us (Apple Daily), Riichard Li and Isabella
Leong issued a photo of their new born baby boy, named Ethan in
English and Li Cheung-Chi by his grand father Superman Li.
It is known that the baby boy was born in April in Toronto where Richard Li
is presently accompanying Isabella for her post-natal recovery. When
asked any plan of a marriage it is said that both (Li and Leong) are
immensely enjoying their role as parents and have no plan for further
expansion of the 'family'... - 2009 June
4 APPLE
DAILY
Sing
Tao Daily News:
Richard Li confirmed to the paper today that
he will arrange to have Isabella n ethan return to meet his Father, aka
Superman Li, in late July.
- 2009 June 11
Baby Ethan at 10 pounds on May 26th
放大圖片
Bonny boy makes for a double dividend
Now we know why PCCW chairman Richard Li Tzar-kai was so generous in
handing out a special dividend to shareholders in April. He was probably
celebrating the fact that he was about to become a father.
Apple Daily's exclusive picture of the latest addition to the Li
clan with his proud mum and dad was the talk of the dim sum tables all over
town yesterday.
Baby Ethan was born in Canada on April 26, four days after Mr Li's
HK$15.93 billion bid to privatise PCCW was blocked by the Court of Appeal,
prompting the company to announce on April 23 the special dividend of
HK$1.30 per share.
The gossip columns are sure to be full of speculation about what the
future holds for Ethan and his mother, 21-year-old former Emperor
Entertainment Group singer-actress Isabella Leong Lok-sze.
But one thing is certain, the new arrival has the blessing of grandfather
Li Ka-shing, who gave the baby his Chinese name of Cheung-chi, which
translates as "long-term good governance".
It was Richard Li who chose the English name Ethan. We wonder if it had
anything to do with his liking for Ethan Hunt, the name of the leading
character in the Mission Impossible movies.
Baby proves big news
It was said that even Li Ka-shing was shocked to hear that the report of
his new grandson had appeared in the Apple Daily yesterday.
Knowing how popular the exclusive would be, the newspaper ramped its
print run up to 400,000 copies, compared with the usual 300,000. The report
was not on the front page of the paper - that belonged to the June 4
candlelight vigil at Victoria Park - but the publisher arranged with
distributors for the section in which it appeared to be the one that was
displayed on newsstands.
It is understood that the team who worked on the report shared a HK$2,000
cash bonus, compared with the usual HK$300 daily prize. The team that put
together the June 4 package this week shared a bonus of HK$10,000.
- 2009 June 5 SOUTH CHINA MORNING POST
Richard and Isabella bought in the
prestigious Forest Hills district of Toronto where he has always dreamed to
live.
Ming Pao Weekly is
published Sunday June 7 and is the only publication that scoops the
interview with Leong and Li in great length.
李澤楷安排梁洛施母子定居新加坡
Headline
reads Richard Li arranges Isabella and son to stay in Singapore
"When asked of how he felt (about
having another grandson), "Superman" Li Ka-shing (nakename fondly
used by Hong Kong media) said "of course I am immensely happy". It
is known that Ethan Li will become the fourth heir to inherit senior Li's
100 Bn HKD empire, after Victor, his uncle, Richard, his father and Michael,
his first cousin and uncle Victor's only son.
Appeared on Ming Pao Weekly's cover, Isabella Leong is quoted saying,
"we (Richard and I) have never been so content in our lives. Ethan is a
happy baby. He just cannot stop smiling, and such good nature of his is
infecting everyone that's around him." Isabella, aged 20, having named
the best actress in Portugal film festival in 2008, is one of the most
promising stars in Hong Kong. With her renowned performance in Hollywood
mega-production "Mummy 3", she is immediately attracted lots of
attention from movie producers and publicists worldwide, including a movie
production by award-winning Chinese director Zhang Yimou. However, the young
mother expressed no wish to return to the glittering life on the silver
screen, instead she told the weekly reporter that she prefers to devote
herself to nurture baby Ethan, "so that he will grow up to be a useful
person that lives up to the expectation of his father and
grand-father." Indeed, Ethan's Chinese name "Cheung-chi"is
chosen specially for him by his beloved grand-father aka
"Superman" Li.
It is understood that "Cheung-chi" has a profound meaning from
Ancient Chinese literature, bearing the hope of Long and Peaceful Reign (of
a country, or a nation, institution, company etc). Local observers note that
"Cheung" echoes "Cheung Kong", Li's flagship in Hong
Kong which is listed as 0001, the very first in the local stock market.
Isabella is of Portuguese descendants. Her late father came from a very
wealthy family that had linkage to the royalty in Portugal back centuries
ago. Isabella immigrated to Hong Kong at aged 12, followed her Hong
Kong-born mother and elder sister. -
2009 June 8 APPLE
DAILY
$12
bln Syndication
PCCW was always destined to grow. Run
by Richard Li, second son to property tycoon Li Ka-shing, it had the
financial and operational backing locked in from the outset.
At the time, the $12 billion loan was a record transaction in the Asia
syndicated loan markets -- more than double the size of the previous
record holder in fact -- and in our awards write-up we said it
"opened the door for leveraged financing across the broader spectrum
of the region's capital markets".
The leads decided to structure a deal as a leveraged financing secured
against the assets of the target company and a non-recourse structure
through a special purpose vehicle owning the HKT shares was used. The
debt-to-Ebitda ratio was nine times, versus typically no more than 5.5
times for European deals at the time.
Aside from kick-starting the loan
market into booking bigger and better deals, the loan also paid almost $90
million in fees, which got divvied up between the four lead arrangers
(Bank of China, Barclays, BNP and HSBC). The deal was not so
profitable for the second tier of 18 banks that were left with an average
return of about $2.5 million each because of over-subscription. In
absolute terms this was still a fairly sound pay-out, but considering
initial indications of returns of up to $10 million each, some of the
banks may have come off feeling slightly short-changed for their
participation.
Overall although he suffered a personal toll
during the exuberance of the dotcom era although his wealth and empire
prevails.
Pacific Century
Cyberworks - there were a few skeptics
when PCCW
was launched.
His STAR-TV business start-up is a case study at
Harvard Business School.
The
Messiah of Cyberasia
One
of the world's largest Internet companies has suddenly emerged in, of all
places, Hong Kong
An
odd thing happened last month, just before Christmas. A Hong Kong firm, only
eight months old, run by the 33-year-old son of an old-style property tycoon
and with a business plan that almost nobody fully understands, suddenly
became one of the biggest Internet companies in the world, with a
stockmarket value of $21 billion. Odder yet: it might even deserve it.
The
firm is Pacific Century CyberWorks (PCCW),
a name still little known outside Hong Kong. That will soon change, thanks
to the vaulting ambitions of its founder, Richard Li, and the billions of
dollars he can marshal behind them. PCCW
is assembling a satellite-based broadband Internet network, modelled on
America's Excite@Home, with the aim of becoming the largest broadband
Internet business in the world. It has also built a venture-capital arm,
CyberWorks Ventures, that has already invested $500m in cash and equity in
nearly 30 companies. They include big stakes in SoftNet, a broadband
data-provider passing 2.4m cable subscribers in America, and CMGI,
an American-based venture-fund with a similar investment strategy. PCCW's venture-capital investments alone are now worth nearly $2
billion.
At
a rate of nearly a deal a week, PCCW
is putting together the pieces of what could soon be one of the world's
biggest Internet conglomerates. It is building the pipes's from satellite
capacity and transmission to deals with the cable-television network
operators that will reach individual subscribers-to bring broadband data to
millions of households in Asia. It is buying stakes in dozens of companies
that will fill these pipes with content and services, from portals such as
Sina.com to Internet telephony, gaming and e-commerce. And it is starting
joint ventures with heavyweights such as Hikari Tsushin, a leader in Japan's
booming mobile-phone industry, that may extend its reach to mobile
multimedia as well.
Overnight,
PCCW has become Asia's Internet darling. Bankers are
falling over themselves to praise it (although it suffered badly in the
stockmarket correction that pounded Hong Kong this week). The firm's deals
in the past month, says Credit Suisse First Boston, have made it “the
Asian e-infrastructure play”. Credit Lyonnais calls it an “all-in-one of
Excite@Home, Yahoo! and CMGI
in Asia”. Lehman Brothers proclaimed that “an Internet star is born”.
Not bad for a firm that, Credit Suisse notes, was a small telecoms-equipment
distributor a few months ago.
Is
PCCW really so magical? No firm could be. It is not really
eight months old--it just looks that way because Mr Li bought a small local
firm called Tricom Holdings last May and used it to list the Internet
ventures of his existing property conglomerate, the Pacific Century Group,
which until then was best-known for winning a sweetheart deal from Hong
Kong's government to build an industrial park. Cyber-Port, as it is called,
has moved to the periphery of the firm's operations's where it belongs. The
Internet ventures had been in the works for more than two years; indeed, the
first sign that something was up was when Intel paid $50m for a minority
share in Mr Li' sInternet project in early 1998.
Nor
is Mr Li a newcomer to either satellites or technology: he started Pacific
Century in 1993 with the billion dollars he got for selling Star TV, his first media venture and today the leading satellite broadcaster in
the region. He has a degree from Stanford in computer engineering. And there
is the small matter of his father, Li Ka-Shing, Hong Kong's richest tycoon
and a force in telecoms thanks to his ownership of Hutchinson Whampoa, which
last year made a fortune selling its stake in the Orange mobile network in
Britain to Germany's Mannesmann. The elder Mr Li has virtually no part in PCCW: yet few names carry more weight in Asia. When he started in business
the younger Mr Li's arrogance made him plenty of enemies, but he has since
grown up, discovering his inner geek along with a softer style.
The
younger Mr Li was already a wealthy man when he started: last year Forbes
ranked the Li family tenth-richest in the world, with about $13 billion. The
elder Mr Li's canny trading last year probably added $5 billion or so to
that. But in the space of only a few months, Mr Li junior has nearly
equalled his father. Sohaib Umar, an analyst with Credit Lyonnais Asia,
calculates that the junior Mr Li owns 54.5% of PCCW,
a stake that is now worth nearly $9 billion. Add his property and other
investments and the total may exceed $12 billion, not counting his share of
the family wealth.
In
any case, it is easy to make too much of the family connection. PCCW is not an outpost of the elder Mr Li's empire, nor is it the dalliance
of an indulged son (the elder Mr Li's sole financial contribution was to
invest $62m to help set up Star TV
in the early 1990s). But the younger Mr Li did inherit one trait that has
served him well: a knack for deal-making perfectly tuned to the frantic pace
of the Internet. Aides describe him negotiating billion-dollar deals in a
few hours, sealing clauses with rapid fire (“Done!”) on a mixture of
instinct, experience and some of the best connections in the technology
industry.
Having
the chairman as chief negotiator has allowed PCCW
to react to openings as nimbly as any startup: in the dot.com industry these
days, the ability to invest and strike alliances quickly counts for more
than soldiering on behind a solid business plan. That might make PCCW
sound like Japan's Softbank, but it is not. Unlike the phenomenal Internet
investor, PCCW aims to build a real business, not just a portfolio.
A
new star dawns
Yet
in PCCW's core broadband-access business, doubts remain. On
the face of it, there is something counterintuitive about PCCW's dream. It wants to bring broadband Internet access to all of Asia
(mainly China, India and Japan) via televisions and interactive set-top
boxes. This is natural enough for Mr Li: take his old Star TV
business
plan, replace "television"with "broadband Internet" and
you would not be far off. But Star is thought to have lost more than $600m
in less than a decade and is still losing money. Asian viewers, like
European ones, turn out to have a taste for expensive local programming.
Most also refuse to pay for content. They are, needless to say,
poor--indeed, Mr Li's target audience is one of the least affluent in the
world.
By
contrast Excite@Home's consumers are rich. Yet the American company has
fought to find customers for its own broadband offerings. After four years,
it has only about 1m subscribers and its business is only now taking off.
Can Mr Li really thrive in India and China when Excite@Home has struggled in
Silicon Valley and New York?
Bravely,
Mr Li thinks that it can--and he might be right. Excite@Home suffered
because American cable operators had neither the money nor the urgency to
upgrade their own systems to carry two-way data. But broadband is taking off
now because AT&T's huge investment in cable firms has kick-started the market-and led to
price competition with telecoms firms that offer broadband services over
copper wires.
In
Asia, Mr Li argues, the cable operators have even more reason to invest:
many of the households he wants to supply have no telephone at all. Asian
cable infrastructure, especially in China, is newer and easier to convert to
two-way data than America's and where it is not in good condition (such as
in India), it is cheaper to replace, thanks to lower labour costs. Overall, PCCW hopes to reach more than 16m households by 2005, out of an Asian cable
market of more than 160m by then. These will be mostly rich, urban Asians.
There are an awful lot of these, even in otherwise poor
countries.
Within
a few months, PCCW will
be able to prove its point. It plans to launch its service, initially as
satellite-television channels with Web content, by mid-year. One test will
be whether PCCW can bring together enough compelling content to create a service people
will pay for-something neither Cable & Wireless HKT
or Singapore Telecom has managed with their own broadband services in those
cities. Their potential audiences, of just a few million, are too small to
justify the dozens of expensive channels of local content required to
attract viewers.
Mr
Li's audiences will at first be even smaller and spread over even more
disparate cultures. Hence the venture fund, whose investments are intended
to supply the content that PCCW cannot. Sometimes being a billionaire really does have
its advantages. -
8 January 2000 Economist
In the end, Richard Li and his
Pacific Century Group shall prevail cause "Size
Does Matter" as Business Week points out and the influence
and economic engine of the Li family world-wide shall endure the ups and
downs of global economic trends.
