The influence of Hong Kong’s richest man could be on the wane at a university he co-founded and donated more than HK$10 billion to, with his son asked to leave its governing body and neither of them set to attend Friday’s graduation ceremony, the Post has learned.
According to two sources at Shantou University, which Li Ka-shing helped establish in his Guangdong hometown 38 years ago, the 90-year-old will not attend the annual ceremony on Friday morning, the first time in 18 years he will miss an event at which he customarily gets the red-carpet treatment.