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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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Published Sun, Feb 1, 2015 · 09:50 PM

    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 sign of diminishing confidence in the region.

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