Despite their 1985 divorce, Hong Kong billionaire Lee Shau Kee never seemed to move on, living in a home named after his ex-wife for decades and reminiscing about their past.

Hong Kong billionaire property developer Lee Shau Kee had died. He was 97. Lee led one of the biggest real estate empires in the former British territory.

Sometimes called the Warren Buffett of Hong Kong, he made his billions by initially building apartments for middle-class descendants of mainland refugees.

The city’s chief executive said a deal between the Hong Kong conglomerate CK Hutchison and BlackRock, a major American investment firm, requires “serious attention.”

Hong Kong's leader has waded into a controversy over a prominent conglomerate’s decision to sell its Panama Canal port assets to a consortium including American investment bank BlackRock Inc.