CK ASSET(HK:01113) Sou Hu Cai Jing·2025-05-26 07:28Group 1 - Li Ka-shing, the third richest person in Hong Kong, has been under scrutiny for attempting to sell various ports globally, leading to public criticism of his business ethics [2] - The Hong Kong government has taken action against corruption, resulting in the arrest of 10 individuals linked to a bribery scandal involving a company under Li Ka-shing's group [4] - The controversy surrounding the company has raised questions about whether this is just the beginning of a larger investigation targeting Li Ka-shing [6] Group 2 - In 2017, the Hong Kong government initiated a housing project to meet the needs of middle-class families, which was awarded to Li Ka-shing's Cheung Kong Group for HKD 49.51 billion [8] - The project is set to build approximately 3,000 residential units, with 1,000 units designated for first-time buyers at a price 20% below market value [10] - Cheung Kong Group's attempts to pre-sell units were rejected by the government due to contractual obligations, leading to further scrutiny of the company's compliance with building regulations [12][14] Group 3 - Reports of non-compliance with construction standards emerged, prompting investigations that revealed discrepancies in steel reinforcement in multiple buildings [24][26] - The investigation found that the construction company had engaged in cost-cutting measures, compromising safety standards, and had allegedly bribed regulatory personnel to overlook these violations [28][30] - Following the arrests, the government assessed the risks associated with the buildings and determined that while there were compliance issues, the overall safety of the structures was not significantly compromised [32] Group 4 - Speculation exists that the recent corruption case may lead to further investigations into Li Ka-shing's broader business practices, especially given the timing with his controversial port sales [33][35]