Hong Kong’s Superman is hanging up his cape. 89-year old Li Ka-shing said Friday he will step down as chairman of his flagship conglomerate, CK Hutchison Holdings. With a fortune estimated at $35 billion, Mr. Li should enjoy his retirement.
The customary lament is that we shall not look upon his like again. Mr. Li’s rise was certainly remarkable. Having left school early he made his first fortune exporting plastic flowers to the U.S. From there he built a corporate empire spanning property, ports, energy and telecoms, just...