Tycoon Li Ka-shing urges Britons to vote against Brexit

21 Jun, 2016 8:50 am

MANCHESTER – Li Ka-shing, one of Asia’s richest men, urged Britons to vote in favor of staying in the European Union, saying it would be detrimental to the UK and Europe if Brexit went through, Bloomberg reported.

“Of course, I hope that the UK doesn’t leave the EU,” the property tycoon told Bloomberg Television in an interview.

The UK accounts for 37 percent of profit at Li’s main company, CK Hutchison Holding Ltd, Bloomberg said.

Li said in March that he expected to scale back investment in the UK if Britons voted to exit the EU.

But in Tuesday’s broadcast, he said that his businesses in the UK and Europe would continue regardless of the result, Bloomberg reported.


CK Hutchison officials were not immediately available for comment.

Two opinion polls on Monday suggested support for Britain staying in the European Union had recovered some ground following the murder of a pro-EU lawmaker, but a third poll found support for a “Brexit” ahead by a whisker. -Reuters




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