The Story Behind a HK Billionaire's $130 Million Donation to the Technion

Li Ka-shing's generous donation to the prestigious Israeli school of engineering is part of broader plan to build a Western-style technology institute in China's Guangdong province along the lines of a similar joint project with Cornell University in New York City.

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After more than two years of talks with the Technion – the Israel Institute of Technology, Hong Kong billionaire Li Ka-shing signed an agreement this week to donate $130 million from his philanthropic Li Ka...