Li Ka-Shing Adds Hydrogen Bet to Bolster $31 Billion Fortune

Bloomberg2021-11-10

Li Ka-shing has earned a fortune in plastics, logistics and oil during his career. Now the billionaire and his family are increasingly betting on renewable energy. CK Infrastructure Holdings Ltd., a ...

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2021-11-10
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2021-11-10
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Green hydrogen industry looks ready to fly
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Now the billionaire and his family are increasingly betting on renewable energy.\nCK Infrastructure Holdings Ltd., a ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-11-10/li-ka-shing-adds-hydrogen-bet-to-bolster-31-billion-fortune\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CKISF","symbol_name":"CK Infrastructure Holdings Limited","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2021-11-10/li-ka-shing-adds-hydrogen-bet-to-bolster-31-billion-fortune","article_id":"1186621175","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1186621175","pubTimestamp":1636532335,"columns":[],"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Li Ka-shing has earned a fortune in plastics, logistics and oil during his career. 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The market for it in the utilities industry could be worth about $12 trillion by 2050, according to research from Goldman Sachs Group Inc.last year.\n“We are of the view that hydrogen will be of significant importance in decarbonising energy and transport systems,” Andrew Hunter, CK Infrastructure’s deputy managing director, wrote in the statement.\nA media representative for Horizons Ventures said there’s no comment.\nLi Ka-shing -- nicknamed “Superman” by admirers for his deal-making success -- parlayed proceeds of a plastics business he set up in 1950 into property and later took control of the Hong Kong firm that became CK Hutchison Holdings Ltd., an investor in ports, rail services and hydro-electric projects. 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