Cheung Kong Holdings (01113.HK) Li Ka-shing clarifies: never had any intention to sell 79 Deep Water Bay Road in Hong Kong. Rumors are unfounded without factual basis.

According to the Wisdom Financial APP, it was recently reported online that Li Ka-shing, the founder of the Cheung Kong Group, had sold his luxury residential property at 79 Deep Water Bay Road for HK$5 billion. This news quickly made its way to the top of the trending lists on various social media platforms. On August 4th, Li Zeju, Chairman of Cheung Kong Industries Limited (01113.HK), clarified to the public: "We have never had any intention of selling the property at 79 Deep Water Bay Road. Some reports and posts on the internet and social media about the sale of the property at 79 Deep Water Bay Road are completely fabricated, baseless, and have no factual basis."