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Richard Li

According to sources, PCCW is close to selling 40 per cent of its fibre unit to the Chinese state-owned conglomerate for US$850 million to US$900 million.

Companies & Markets

Tycoon Richard Li said to near fibre sale to China Merchants

PCCW, the telecommunications group controlled by Hong Kong tycoon Richard Li, is in advanced talks to sell a significant minority stake in its fibre business to China Merchants Group, according to sou...

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