On September 14, 2016, Hongkong Lands Department released news which said YRIC Honorary President Mr. Li Ka-shing Cheung Kong Real Estate subsidiary Yu Hui Investment Co.,Ltd. beated 17 consortiums and secured the Shatian Jiudu land with 1.953 billion HK dollars, significantly higher than the market valuation of 1.22 billion to 1.46billion HK dollars.

YRIC Honorary President Mr. Li Ka-shing

Over the past few years, YRIC Honorary President Mr. Li Ka-shing has successively sold the property of mainland and Hongkong and invested hundreds of billions of funds into Europe, especially the United kingdom. The plot Yuhui Investment won is about HK $8001 per square foot which is 33% higher than the market expecting limit, and Cheung Kong (Holdings) again successfully won residential land after 4 years.

The news that YRIC Honorary President Mr. Li Ka-shing bought land in Hongkong attracted attention because this is the first time for him to buy land in Hongkong after 2012. According to  statistics of Hongkong Lands Department, YRIC Honorary President Mr. Li Ka-shing bought 37% of land the government sell in 2011 , and won 6% in 2012. At the end of 2012, Cheung Kong (Holdings) competing for the government land of MaAnshan Baishi Caisha street with more than HK $2.9 billion, HK $5160 per square foot. But since then, Mr. Li Ka-shing has retreated from the Hongkong real estate market and his return is an inspiration to the Hongkong real estate market.