Li Ka-Shing's Hong Kong Electric IPO 'not a blockbuster'
Hong Kong billionaire Li Ka-Shing has been nicknamed "Superman" by locals for his investing prowess.
However, one of his companies, energy utility Hong Kong Electric has faced a lukewarm reception on its trading debut on Wednesday.
Shares fell at the start of trade after the company raised more than $3bn (£1.8bn) in Asia's biggest initial public offering in Asia, excluding Japan, since late 2012.
It has left some people wondering whether the legendary businessman is losing his touch. The BBC's Juliana Liu reports.
29 Jan 2014
- From the section Asia