ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business deals

Leading Hong Kong tycoons turn their backs on jet leasing

Cheng and Li families say time to exit 'volatile' sector

The aviation sector, particularly in Hong Kong, has been hard hit by the COVID pandemic. (Photo by Kenji Kawase)

HONG KONG -- Hong Kong tycoons Li Ka-shing and Henry Cheng are both retreating from aircraft leasing, a business into which they had steered their wide-ranging conglomerates over the past decade to diversify risk and revenues globally.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more