In 1996, Hong Kong gangster Cheung Tze-keung, known as “Big Spender,” kidnapped Victor Li, son of billionaire Li Ka-shing. Li Ka-shing paid a ransom of approximately HK$1.038 billion (around US$134 million at the time) for his son’s release. Cheung was later arrested by mainland Chinese authorities and executed in 1998. This incident remains one of the most notorious kidnappings in Hong Kong’s history. | Financian
0:36
In 1996, Hong Kong gangster Cheung Tze-keung, known as “Big Spender,” kidnapped Victor Li, son of billionaire Li Ka-shing. Li Ka-shing paid a ransom of approximately HK$1.038 billion (around US$134 million at the time) for his son’s release. Cheung was later arrested by mainland Chinese authorities and executed in 1998. This incident remains one of the most notorious kidnappings in Hong Kong’s history. | Financian
435 viewsFeb 18, 2025
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