March 29, 2001 |
Last year at this time, the poster child for Asia's dot-com craze was Hong Kong entrepreneur Richard Li--the upbeat chairman of a flashy new company called Pacific Century CyberWorks Ltd. who cast himself as a Stanford grad with a can't-miss vision for the future. But falls have been fast for "new-economy" companies in Asia, and the situation has deteriorated so much that Li didn't even show up Wednesday when PCCW announced its annual results at a packed news conference.
October 14, 2000 |
Asian media mogul Richard Li signed a long-anticipated agreement linking his company, Pacific Century CyberWorks, with Australia's Telstra Corp. in an Internet and telecommunications alliance. As part of the deal, PCCW will receive an immediate $3.55-billion cash payment, which is expected to be used to reduce a mountain of debt run up by the company during a string of recent acquisitions.
May 21, 2001 |
His rise was mercurial, his fall spectacular. Now one of Asia's best-known business whiz kids, 34-year-old Richard Li, says he may be ready to give up day-to-day responsibility for running Pacific Century CyberWorks, the once-promising start-up he launched onto the Hong Kong stock market with such flare barely two years ago.
August 7, 1993 |
Guns N' Roses are rocking on MTV, but 26-year-old Richard Li Tzar-kai Li doesn't notice. "Lou Grant," the BBC news, a Mandarin-language soap opera and a tennis tournament are playing on the four other TV screens in his office, but Li ignores them, too--he's busy snapping orders at one of his executives. Li's Star TV is the hottest thing in global television, a pan-regional network that's beating out potential rivals and astonishing advertisers.
September 8, 2009 |
American International Group Inc. agreed to sell its external fund management business to Hong Kong billionaire Richard Li's Pacific Century Group for about $500 million. The deal would lift to $9.8 billion the amount AIG will have raised through announced divestitures since its $182.5-billion government rescue 12 months ago.
CALIFORNIA | LOCAL
February 2, 2009 |
A 16-year-old boy died Sunday in an apparent gang-related shooting, a Los Angeles County Sheriff's Department spokesman said. Deputies discovered Jason Ledesma around 3 p.m. in the 17900 block of East Valley Boulevard, said Deputy Richard Li. Ledesma had been shot several times, and deputies determined the incident was gang-related, Li said. Ledesma died at the scene, authorities said.