Hong Kong’s Li Ka-shing says research vital to economy, donates ‘game-changing’ cancer device

By South China Morning Post | Created at 2024-11-19 14:31:56 | Updated at 2024-11-19 16:34:24 2 hours ago
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Hong Kong tycoon Li Ka-shing has said solutions for the city’s economic challenges require not only investment but also in-depth research, as he donated a “game-changing” machine that can remove cancerous tumours with ultrasound waves to a local university.

The famed 96-year-old businessman made a rare public address, albeit virtually, at a press conference convened at the Chinese University of Hong Kong on Tuesday to mark the Li Ka Shing Foundation’s donation of the US$3 million device.

Li’s recorded video call with molecular geneticist and incoming Chinese University president Professor Dennis Lo Yuk-ming was played for the audience.

“Hong Kong’s current economic challenges require more than just investment,” Li said in the clip.

“They demand in-depth research. I strongly believe that developing cost-effective and efficient medical technologies can significantly improve healthcare quality and develop a healthcare economy that serves Hong Kong, mainland China and Southeast Asia.”

Li also donated the same type of device to the University of Hong Kong in August. A third one will go to Hong Kong Sanatorium & Hospital.

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