Richard Li

If you look at some of the smaller capital markets in Asia, when they want funding, they either come here to Hong Kong or they go to California, the mecca of the Internet, because they can capture the liquidity and then move on and do what they want to do, which is develop a business.

We had been busy building up fibre infrastructure under the ground in Hong Kong and underneath the homes of people, so when we launched IPTV, it was relatively smoother sailing than in other territories.