Richard Li's path to success has been characterized by both innovation and vision. Because of his high profile business ventures and role as an important market player, the news media regularly follows his activities and ventures.
June 1, 2007 - SCMP - PCCW links executive bonuses to share price Incentive seeks to end years of underperformance
"PCCW, the city's largest telecommunications firm,
will link its executive directors' discretionary bonus
payments to the company's share price as an incentive
to end six years of underperformance compared with
the benchmark Hang Seng Index...."
February 16, 2007 - SCMP - A
tough call, but I back Tsang, says Richard Li
"PCCW chairman Richard Li Tzar-kai, who championed 'real
democracy' during his successful bid for a seat on the
800-member panel that will elect the next chief executive,
has thrown his weight behind Donald Tsang Yam-kuen...."
2006 - Richard
Li Named An AskMen Top 49 Men of 2006
"Richard Li is an investor and businessman who has brokered
some of China's most amazing deals. Forbes magazine has
reported Richard Li's net worth in the range of $1.1 billion,
which ranks him among the richest men in the world..."
December 9, 2006 - The
Daily Telegraph - Chinese tycoon's son steps out of the
shadows Richard Li is 'very positive about the future'
after a family feud that gripped Hong Kong
"WITH the rugged terrain of Hong Kong island as its backdrop,
the view from Richard Li's office is something of a distraction.
But this week nothing was going to draw attention away
from the man inside it. For the 40-year-old chairman of
PCCW, the world's leading supplier of internet television,
the last six months have been as dramatic as any of the
programmes served up to his customers. "I am very
positive about the future," he said, flashing his
trademark grin...."
November 22, 2006 - Financial
Times - PCCW dispute puts family feud in public eye
"Tension in Hong Kong's wealthiest family burst into the
open on Wednesday when Richard Li said publicly that he
was "dissatisfied" with the sale of his PCCW telecoms
company to a consortium backed by his father, tycoon Li
Ka-shing..."
September 28, 2006 - Canada
NewsWire - National Arts Centre Foundation receives $1
million donation for young artist initiatives
"The National Arts Centre Foundation is honoured to announce
an extraordinary gift of $1 million, generously made by
Richard Li. This surprise donation, the largest one-time
gift in the Foundation's history, was announced during
the NAC's annual fundraising Gala before more than 2,300
audience members..."
September 21, 2006 - FT.com -
Richard Li sells PCG's Tokyo office for $1.7bn
"Richard Li, the Hong-Kong based internet and telecoms
tycoon, made both history and a hefty profit on Thursday
by selling Pacific Century Group's landmark building
in Tokyo for Y200bn ($1.7bn) - the highest price yet paid
for a single property in Japan..."
June 21, 2006 - Financial
Times - Tycoon's son stands out from his silver-spoon
peers
"The progeny of Hong Kong's super rich tend not to wander
far from the family firm. In a report issued this year,
CLSA, an investment group, identified 19 Hong Kong companies
in which a family patriarch would soon be making way for
a son or daughter..."
April 1, 2006 - The Economist
- NOW TV's Success
"Just about every phone company in the world has come
through here," says Alexander Arena, the financial chief
of PCCW, Hong Kong's incumbent telecom company. And no
wonder. For PCCW has, in the past couple of years, done
something that fixed-line telecoms firms across the world
hope to do in the near future..."
March 30, 2006 - The Standard
- PCCW's Real Estate Unit's Profit Skyrockets
"Pacific Century Premium Developments, the property arm
of tycoon Richard Li's PCCW, said 2005 profit jumped 70
percent, and it expects overseas projects to begin generating
revenue in a few years as it reduces reliance on Cyberport
development..."
March 30, 2006 - The
Asian Wall Street Journal - PCCW Earnings on the Upswing
"PCCW Ltd.'s net profit rose 2.5% as the popularity of
Internet-delivered TV service boosted its core fixed-line
phone business and virtually halted a decade-long slide
in its customer base..."
October 24, 2005 - The
Asian Wall Street Journal - PCCW's Implementation of IPTV
"Last year, Connie Lam accepted an offer from Hong Kong's
biggest telephone company to try its television service,
delivered over the same line as the phone and high-speed
Internet services she gets. After three weeks, she canceled
because neither she nor her five-year-old son liked any
of the channels then available. She signed back up in
January after the company, PCCW Ltd., added movie channels
then such as HBO and children's cannels like Disney Channel
and Nickelodeon...."
October 5, 2005 - BusinessWeek
Online - Internet Protocol TV
"At a sprawling control room in an old industrial building
overlooking Hong Kong's Victoria Harbor, technicians tinker
with tall racks of networking equipment and a wall of
TV screens blinking everything from cricket matches and
cartoons to fashion shows and porn. It would be a familiar
scene at the home of any cable- or satellite-TV operator.
But this network belongs to a telephone company -- PCCW
Ltd., Hong Kong's leading fixed-line operator..."
March 16, 2004 - Financial
Times - Richard Li's Entry Into Luxury Developments
"Richard Li plans to turn a new property venture being
spun off by PCCW, his Hong Kong fixed-line telecommunications
company, into a luxury residential developer with projects
throughout Asia-Pacific. Mr. Li, the younger son of Li
Ka-shing, Asian?s richest businessman, said PCCW would
soon place shares in the new venture to bring its free
float into line with regulatory requirements..."
November 23, 1999 - San Jose
Mercury News - Asian Businessman Wants To Lead Way To
New Century
"On the cusp of the new millennium, Richard Li sees a
Pacific century. And he wants to lead Asia into the new
era..."
July 24, 1994 - The
Straits Times - Richard Li is Asserting his place in life
"Star TV made Richard Li, younger son of Hongkong's
richest man, a corporate bigwig in his own right. Now
the tycoon, all of 27 years, is moving on to other exciting
things through a company which will have Singapore as
its regional headquarters. CATHERINE ONG of Business Times
finds out more about the man beneath the public facade.
... "
July 19, 1994 - Business
Times Singapore - Richard Li's STAR Rises With The Dawning
Of Pacific Century
"SINGAPORE - Everyone believes that as surely as
night follows day, Richard Li will take over the helm
at Hutchison Whampoa, the Hongkong conglomerate controlled
by his billionaire father. Well, Richard Li, youngest
son of Li Ka-shing, is out to prove everyone wrong. He
turned down the job of managing director after Simon Murray
resigned last year, and went on to set up his own company,
Pacific Century Holdings... "
October 22, 1993 - The
Wall Street Journal - Li Ka-Shing's Son Richard Wins Respect
In His Own Right With Sale of Star Stake
"Richard Li was widely regarded as just another rich
man's son when he returned to Hong Kong three and a half
years ago after spending 10 years abroad. Only the fame
of his father, businessman Li Kashing, set him apart...
"
October 6, 1993 - The
Asia Wall Street Journal - Hong Kong's Richard Li Zooms
to Early Stardom
"{Stability of leadership is widely praised in Asia,
even if it isn't always widely practiced. Some of Asia's
most successful countries have leaders and elder statesmen
of long tenure: Indonesia's Suharto, Singapore's Lee Kuan
Yew, Malaysia's Mahathir Mohamad, China's Deng Xiaoping.
Some of its most successful companies, likewise, are run
by founder figures who stayed the course... "
October 22, 1992 - Los Angeles
TImes - Tuning In The Global Village Powerful Signals:
A Look at Four Global Media Moguls
"By living abroad, I found that there is much more
commonality than differences amongst people in this world.
I believe satellite television helps people to see such
similarities. I think it is very beneficial socially for
people to understand this. . . . "
May 17, 1992 - South China Morning
Post - The year of living profitably - Son shines bright
in STAR-lit sky
"FOR once, the second son of Hongkong tycoon Mr Li
Ka-shing may be forgiven for looking smug. STAR TV - the
project Mr Li gave Richard to cut his teeth on - is ...
profitable. . . . "