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.
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)
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