Reuters: Financial Services and Real Estate: Hong Kong's Li says will not exit Facebook totally when it lists

Reuters: Financial Services and Real Estate Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Hong Kong's Li says will not exit Facebook totally when it lists Mar 29th 2012, 09:14 HONG KONG, March 29 | Thu Mar 29, 2012 5:14am EDT HONG KONG, March 29 (Reuters) - Hong Kong tycoon Li Ka-shing, one of Asia's richest man, said on Thursday that his foundation would at least recoup its capital when Facebook Inc lists. Li, who is a Facebook investor and is also chairman of Hutchson Whampoa, told a news conference that the foundation would not exit its investment in the popular social networking site completely and would hold on to the rest of the stake as a long-term investment.

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