Exclusive | Hong Kong tycoon Li Ka-shing’s influence threatened at Shantou University, which he helped found

  • Hong Kong’s richest man has given more than HK$10 billion to international-minded school in his hometown
  • But he was set to miss a graduation ceremony for first time in 18 years, and his son has been asked to leave the governing council

Li Ka-shing helped found Shantou University in his hometown 38 years ago. Photo: Imaginechina

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.

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