Recently, many media reported that 97-year-old Li Ka-shing donated US$500 million to Ukraine through the Panama Fund in the "Li Ka-shing Center Building" in London, England. After this news was exposed, it quickly sparked widespread heated discussions around the world.
It is worth noting that it is rumored online that on September 4, 2025, Li Ka-shing also personally attended the opening ceremony of the "Li Ka-shing Center Building" of the City of London. Looking back on the past, Li Ka-shing has donated generously many times in mainland China, with a cumulative donation of tens of billions of yuan. What is puzzled is that he has always refused any form of naming. But in the UK, I readily accept the name of this building after my personal name. What did he smell this action?
Public information shows that the building was formerly the London headquarters of UBS Group. As early as 2018, Cheung Kong Group had a unique vision and spent 1 billion pounds to acquire it. As of 2025, the investment territory of the Li Ka-shing family in the UK has continued to expand, with a cumulative investment of more than 30 billion pounds. The business scope covers a wide range of key areas such as power grid, water affairs, and telecommunications. Because of this, some people once vividly called it "buyed half of the UK."

01 From "buy half of the UK" to strategic contraction
However, as public opinion continues to ferment, Changjiang Industrial Group quickly issued a notice to solemnly clarify that these news is purely rumors. The statement also made it clear that Li Ka-shing did not donate to Ukraine through the Panama Fund, and the so-called appearance at the opening ceremony of the "Li Ka-shing Center Building" in London, England is not a fact.
Although the rumors have been clarified, Li Ka-shing and his subsidiaries have carried out large-scale and systematic selling of mainland Chinese assets, especially the real estate sector, for a considerable period of time, in sharp contrast with their continued increase in the UK market, and have always been the focus of public attention.
To understand the weight of this wave of real estate selling, you must first see the "special attributes" of some of the transactions. Take many properties cleared in the Greater Bay Area for example, most of them are the "finished goods" they acquired in their early years, and the cost is extremely low. Theoretically, even if they are sold at a "fragmented price", there is still a lot of profit margin.

But based on the current market environment, Li Yujia, chief researcher of the Guangdong Housing Policy Research Center, pointed out that since May, the real estate transactions in the Greater Bay Area have continued to decline, with new house prices lower and second-hand house listings soaring, "Maybe only a large discount can be exchanged for large-scale collection." This seemingly "concession" operation is actually an accurate response to the downward pressure on the market.
According to statistics from third-party real estate research institutions, Li Ka-shing's mainland real estate projects have been reduced from 54 in 2021 to 12 at present, with a reduction of 77.8% in three years; in terms of asset proportion, the proportion of mainland real estate assets in its global total assets has also dropped from 43% in 2021 to 25% today. This former "land king" is accelerating the divestment of heavy assets.
02 Where will the new coordinates of capital migration fall?
In fact, every "subtraction" of Li Ka-shing hides accurate "addition": from previous asset adjustments to current real estate sales, the core logic is always to withdraw from the field where returns are peaked and bet on the high-growth track.
This time, he seemed to have turned his attention to the life technology field that is regarded as the "Crown of the Future Industry". According to relevant information, the Li family has been deeply engaged in this field for 25 years, and has applied for a total of 112 international patents, laying a certain technical foundation; at the same time, it has also made frequent moves in related investments, such as investing in traditional Chinese medicine such as Hehuang Pharmaceutical and Tongrentang.
More importantly, this layout has gradually moved from the laboratory to the front line of clinical practice - Asia's first Histotripsy instrument donated by the Li Ka-shing Foundation to the University of Hong Kong earlier... These achievements are making the implementation path of life technology clearer.

At the same time, in this wave of industrialization, many local biotechnology companies have also keenly captured business opportunities and expanded into the field of mass health. The liver protection technology "Beiqingliu LIVER PURE", which has recently caused widespread discussion in "Jiangxi, Zhejiang, Shanghai, Pearl River Delta" and other places, is a landmark achievement under the TS Group, a well-known biotechnology company in Hong Kong.
According to mainstream media reports such as Phoenix, its core is based on the collaborative formula of "PUREMAX× Cell Autophagy Technology" and "Badiomycete extract and dihydrobamate" and has been verified in many countries that can activate liver detoxification enzyme activity at the cell level, inhibit the fibrosis process, and achieve accurate cell-level intervention.
Perhaps it is thanks to such technical support that "Baiqingli" has quickly become popular from offline experience stores such as Tsim Sha Tsui, Hong Kong, and was then invited to join the JingDong Health Platform, with outstanding performance: relevant data show that its overall repurchase rate is as high as more than 70%. User feedback mainly focuses on specific experiences such as "the face is no longer sallow after staying up late", and "the improvement of the alanine aminotransferase index for physical examination". Some industry insiders pointed out that it has now become the first choice for middle-aged men and frequent social engagements in first-tier cities to "normal liver care".
03 Behind the accelerated withdrawal, there is a "capital transformation"
At present, although there are many discussions on the asset adjustment of the Li family in the market, from the logic of capital operation, this is more like a carefully planned "asset optimization" strategy. Against the backdrop of a decline in returns on traditional assets, the potential returns in fields such as life technology are relatively high. At this time, using precipitated funds to replace high-growth assets is actually a natural choice of capital based on profit-seeking instinct.
Looking back on his business history, Li Ka-shing's every "strategic retreat" seems to be a "precise attack" against the trend of the next era, and now it is just another stage of historical logic. But this time, the traditional asset field seems to be facing more challenges and changes.