Pursuits

Hong Kong’s Richest Man Warns Against Brexit as Vote Looms

  • As one of the U.K.’s largest investors, Li has much at stake
  • U.K. accounts for 37 percent of profit at Li’s main company

Hong Kong's Richest Man: Brexit Not in U.K.'s Interests

Lock
This article is for subscribers only.

Hong Kong’s richest man stepped up his calls for Britons to vote in favor of staying in the European Union as the world braces for the outcome of this week’s vote.

"If Brexit happens, it will be detrimental to the U.K. and it will have a negative impact to the whole of Europe," CK Hutchison Holding Ltd. Chairman Li Ka-shing told Bloomberg Television’s Angie Lau in a wide-ranging interview, his first with international media since 2012. "Of course I hope that the U.K. doesn’t leave the EU."