Fixed-line deal shows Superman still divesting

Li Ka-shing continues to diversify his investments away from his Hong Kong home, the latest example being the sale by Hutchison of its fixed-line unit for $1.9 billion.

The sale by Li Ka-shing of his Hong Kong fixed-line business illustrates the continuous efforts by one of the city's most famous sons to diversify his assets away from the former British colony. 

Second only to Jack Ma in the current Asian rich list and third only, arguably, to Bruce Lee and Jackie Chan in the Hong Kong fame stakes, Li -- known locally as Superman -- increasingly appears to be flying the coop. 

On Sunday, a unit owned by Li's CK Hutchison Holdings said it agreed to sell Hutchison Global Communications, a fibre optic network and one of Hong Kong’s largest wifi...

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