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AU Financial Review

Hong Kong tycoon snares carbon project in outback WA

One of Hong Kong's wealthiest tycoons, Li Ka-Shing, whose interests include energy and agricultural investments in this country, has forged into the carbon market, acquiring a vast Western Australian landholding earmarked for a 'regenerative agriculture' project. The ageing billionaire founded the CK Group, which through its various subsidiaries, including Hong Kong-listed CK Life Sciences and CK Hutchison, has a business empire spanning infrastructure, transport, real estate, and financial services.