HONG KONG magnate Li Ka-shing lost $1.5 billion in a day, with the value of his sprawling business empire tumbling along with the historic decline in the pound.
CK Hutchison Holdings Ltd., the flagship conglomerate of Li’s group that earned 16% of its revenue from the UK in the first half, saw its shares slump 5.8% on Monday to the lowest since it restructured in 2015.
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