By Joshua Fellman and Clare Cheung
Aug. 24 (Bloomberg) -- Hong Kong Billionaire Li Ka-shing, 78, said today he has no plans to retire and that he will eventually give at least a third of his wealth to his charity foundation.
Speaking at an earnings press conference for his two largest companies, which make up almost 9 percent of Hong Kong's benchmark Hang Seng Index, Li also said the 26-year-old Li Ka- shing Foundation has disbursed or committed almost HK$8 billion ($1 billion), about 90 percent of that in Hong Kong and China.
``This may spur more philanthropy in Asia,''"
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