Asia's richest man Li voices support for China's leadership

Asia's richest man Li Ka-shing voiced support for Chinese president Xi Jinping on Tuesday and rejected claims he was divesting assets from China after a barrage of media articles accused him of turning his back on the mainland.In January this year, Hong Kong-based Li overhauled his business empire to create two listed companies - one focused on property and the other on telecoms. This saw a shift in the incorporated base of his two main firms to the Cayman Islands from Hong Kong, fuelling speculation the tycoon was pulling out of China. In an emailed press release sent on September 29, Li said he resolutely supported China's path to reform and opening up. Read more