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Li Ka-shing bets on Europe as China slows

Move is seen as a quest for stability for the tycoon's vast empire and a sign of diminishing confidence in the country

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Mr Li has offloaded major property investments on the mainland - where growth slowed to a 24-year low last year - after investing heavily there in the 1990s.

Hong Kong

FAMED for his sharp business acumen and knack for perfectly timed investments, Hong Kong billionaire Li Ka-shing is shifting away from a slowing Chinese economy and bargain hunting in Europe.

The move is seen as a quest for stability for the tycoon's vast empire and a

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