李嘉诚

Li willing to splash out on UK utilities

Li Ka-shing, the Hong Kong tycoon nicknamed “superman” in his home town, has had his ups and downs investing in the UK.

The $14.6bn windfall from the sale of Orange to Mannesmann in 1999, and the $9bn profit he logged when Vodafone bought his Indian telecoms investment in 2007, are just a couple of highlights from his celebrated career.

But a blot on his record is an early foray into 3G mobile phone services, which took more than eight years to record its first operational profit.

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