Richard Li Quotations

We had been busy building up fibre infrastructure under the ground in Hong Kong and underneath the homes of people, so when we launched IPTV, it was relatively smoother sailing than in other territories.

If achieving the Hong Kong dream becomes a vanishing hope, then our society will suffer. What would the Hong Kong dream be? It's no different from the American dream, whereby an everyday man on the street who works hard would be able to make good savings and use those savings as equity for their future small business.

It is a direct result of the extremely difficult economic situation in Hong Kong and globally, and of intense competition within our industry arising since the implementation of the current regulatory framework.

Our Internet Services strategy is designed to provide a value-added service for broadband, which is a key source of growth for the company.

I've spent a good part of my life in Silicon Valley, California, and I really like that place.

This 15 percent will be spread to different big funds, not to any strategic investors.

Doing ventures is great - I'm talking economics now - if you've got a rising market. It's wonderful. If I hadn't got HKT, I would have been just as happy. Because there's a price for everything. And to overpay for something is awful.

I want to create something like Sony. Not in terms of manufacturing products but creating something that is innovative, makes money, improves peoples' lives.

If (News Corp. is) not willing to continue, they have the ability to pull out. I'd like to discuss that with News Corp when appropriate. But there must be willingness on the other side. Businessmen do not make decisions based on feelings. There is no animosity on my side.

If you look at some of the smaller capital markets in Asia, when they want funding, they either come here to Hong Kong or they go to California, the mecca of the Internet, because they can capture the liquidity and then move on and do what they want to do, which is develop a business.

I believe it's important that Hong Kong does not become another Chinese city.