Li Ka-Shing has cashed in some of his shares in China Cosco Holding amid fears the Chinese stock bubble will burst.

Li Ka-Shing.

Hutchison Whampoa, which Li controls, banked HKD 1.29bn ($166.15m) from the sale of 37m China Cosco shares last week.



Li, ranked by Forbes this year as Asia’s richest man, expressed concern about the market value of Chinese companies back in May, claiming the strong position “must be a bubble”.



Hutchison