Published: 16:26, February 10, 2020 | Updated: 08:06, June 6, 2023
HK tycoon Li Ka-shing donates US$13 million to Wuhan
By Reuters

The charity of Hong Kong’s richest man donated HK$100 million (US$13 million) to help Wuhan, the city at the epicenter of the novel coronavirus outbreak.

The money from Li Ka Shing Foundation will be distributed via the Red Cross Society of China, according to an article posted on the website of the liaison office

The money from Li Ka Shing Foundation will be distributed via the Red Cross Society of China, according to an article posted Monday on the website of the Liaison Office of the Central People’s Government in the Hong Kong Special Administrative Region.

The founder of real-estate, telecom and ports conglomerate CK group is among the Hong Kong tycoons giving money to charities, hospitals and local governments on the Chinese mainland during the outbreak. Such donors along with some political leaders have donated a combined 1 billion yuan (US$143 million), goggles, protection suits and gloves for use on the mainland, according to the liaison office.

ALSO READ: Jack Ma pledges US$14.5 million to help fight coronavirus

Li Ka-shing, 91, has a net worth of about US$28.3 billion, according to the Bloomberg Billionaires Index.

The Li Ka Shing Foundation is also sourcing supplies around the world to help medical workers in Hong Kong and Wuhan, a spokesman for the group said Monday.

ALSO READ: Acts of human kindness bring hope in challenging times

The liaison office report also cited Shimao Property Holdings Ltd’s donation of HK$30 million. The Lee family, which controls Henderson Land Development Co, set up an anti-epidemic foundation with seed funding of 10 million yuan (US$1.4 million), according to the report. Adrian Cheng, scion of the family group behind New World Development Co, and Chow Tai Fook Jewellery Group Ltd, donated 10 million yuan to a hospital in the southern city of Guangzhou, according to the report.

READ MORE: Virus: HK firms donate money, medical supplies to mainland