Hong Kong Telecom Connections
December 23, 2020
I read a good write up called “Hong Kong’s Hutchison Group, Which Runs Mobile Carrier 3, Protests as USA Puts It on New China Ban List.” I want to mention that Li Ka-shing — the father of Victor Li Tzar-kuoi, the chairman of the Board and Group Managing Director of CK Hutchinson Holdings Limited and Richard Li, the chairman of Hong Kong Telecom — is rumored to have had reasonably cordial relations with certain Chinese government officials. If one takes the time to work through the deals, the tie up, and staff of these two firms, several interesting factoids surface quickly; for example:
- These allegedly competitive companies may not be as competitive as they appear in the media
- The father Li Ka-shing had a number of interesting business deals in his long career. He is allegedly still alive and has a few bucks to make his sundowning semi acceptable
- The brothers and “competitors” have investments spanning a number of countries. These businesses may provide a useful flow of information about a range of topics; for example, financial transactions, mobile traffic, interesting messages, etc.
Someone in the US government believes that Hutchinson, one of the Li Ka shing tinged entities, warrants an entry on the US China ban list. Presumably someone in the Department of Commerce or other Federal agency has created a visual map of the Li Ka shing related companies, business partners, relationships, and lines of business.
I am confident that the US researchers noted this reference to the father’s connections to China.
Stephen E Arnold, December 23, 2020
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