HONG KONG: Billionaire Li Ka-shing (pic) reassigned a portion of his long-held stake in Zoom Video Communications Inc to his businessman son Richard.
The Hong Kong tycoon, who’s one of the biggest owners of the video-conferencing company, reduced his holding by 4.7 million shares – equal to 1.6% of the company – through British Virgin Islands investment vehicles, according to regulatory filings this week.
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