Core Viewpoint - The chairman of Cheung Kong Holdings, Li Ka-shing's eldest son Li Zeju, publicly denied rumors regarding the sale of the property at 79 Deep Water Bay Road, stating that such reports are fictitious and lack factual basis [1] Group 1: Property Sale Rumors - The rumors suggested that Li Ka-shing intended to sell the luxury property at a price of HKD 5 billion [1] - The property was originally purchased in 1963 for HKD 630,000 and underwent reconstruction in 2013 at a cost of several hundred million HKD [1] Group 2: Recent Sales Activities - In May, Cheung Kong Holdings launched a new batch of high-end properties in Beijing, with sizes ranging from approximately 140 square meters to 185 square meters, priced around HKD 98,000 to HKD 100,000 per square meter [1] - Discounts were offered, potentially lowering the price to around HKD 70,000 per square meter, with total prices starting at HKD 9.8 million, reflecting a decrease of nearly HKD 1 million compared to last year's opening prices [1] Group 3: Financial Performance - Cheung Kong Holdings reported a decline in both revenue and profit for the previous year, with revenue at HKD 45.529 billion, down from HKD 47.243 billion, and net profit attributable to shareholders at HKD 13.657 billion, a 20% decrease from 2023 [2] - Confirmed property sales revenue for the reporting period was HKD 9.962 billion, lower than HKD 13.153 billion in 2023 [2] - Li Zeju indicated that the decrease in property sales was part of a planned strategy, as the company had reduced land purchases during the peak of the real estate market five to six years ago [2]