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Li Ka-shing Eyes Deals Outside of China - London

From an english paper today:

Asia’s richest man is lining up a £1.5bn bid for the former Norweb electricity distribution business, now owned by United Utilities. In the latest sign of the “great wall of money” from Asia heading towards western Europe, the infrastructure company of Li Ka-shing is understood to be among a number of suitors preparing first-round offers for the network, which delivers electricity to some 2.2m customers in north-west England.

Li Ka-shing is a major real estate owner in Hong Kong, whose name is about as big in HK as George Bush and Trump combined for an average American. Li Ka-Shing’s son also is a big businessman with major ownership of PCCW corporation–a leading telecommunications conglomerate in Asia.