A victory for minorities! The saga of Richard Li's attempts to shed PCCW, Hong Kong's dominant telecoms operator and an asset acquired for $28bn in 2008 and now worth a 10th of that, has screeched to a halt. Mr Li's latest scheme had been to buy out PCCW's minorities and take the company private alongside his partner China Unicom, and eventually sell it on. But Mr Li pulled this plan yesterday after the local regulator won court backing to block the deal.
小股东胜利了！李泽楷(Richard Li)脱手电讯盈科(PCCW)的长篇故事已嘎然而止。电讯盈科是香港主要的电信运营商，于2000年以280亿美元购入，但如今价值仅剩下十分之一。李泽楷最新的计划是买断电讯盈科的中小股东的权益，与合作伙伴manbetx3.0 网通(China Netcom)一起将该公司私有化，并最终出售。但在香港证监会赢得了法院对阻止该交易的支持后，李泽楷上周四放弃了这一计划。
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