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Hong Kong Billionaire’s Conglomerate Distances Itself From AMTD Digital’s Stock Frenzy

·1 min read
Hong Kong Billionaire’s Conglomerate Distances Itself From AMTD Digital’s Stock Frenzy
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A conglomerate controlled by one of Hong Kong's richest men said it was in talks to sell its stake in AMTD Group, the parent of [retail stock sensation AMTD Digital](https://www.wsj.com/livecoverage/stock-market-news-today-08-03-2022/card/amtd-digital-s-rocket-rise-slows-after-attracting-retail-investors-gMI3QWpnt9VK7ZPKlEwM). CK Group, which is backed by billionaire Li Ka-shing, said it currently [holds less than 4%](https://www.ckh.com.hk/en/media/press_each.php?id=3391) of AMTD Group, after s