'Superman' Li Ka-shing confirms retirement at age 89

3/16/2018 9:32:00 PM

Tehran (KNA) - Li Ka-shing, the Hong Kong businessman dubbed 'Superman', has confirmed he will retire in May ahead of his 90th birthday.

The announcement was made in a regulatory filing to the Hong Kong stock exchange via his sprawling ports-to-telecoms company CK Hutchison (CKH), which includes the UK mobile provider Three in its stable.

His other UK business interests include ownership of Northumbrian Water and the port of Felixstowe.CKH confirmed Mr Li's eldest son Victor would assume the chairmanship, though his father would keep an advisory role.

Source: NewsSky

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