On November 1, the Cheung Kong Group responded to the recent sale of part of the postal savings bank of china H shares held by the Li Ka-shing Foundation, stating that the foundation aims to promote charitable projects, and all investment transactions are in support of these goals, with the profits from investments being fully allocated to charitable purposes. The Li Ka-shing Foundation regularly reviews its various financial investments. The recent reduction in holdings of postal savings bank of china shares is part of the foundation's daily financial operations, unrelated to the bank's business development. The Li Ka-shing Foundation has maintained a good relationship with the postal savings bank of china. It is reported that the Li Ka-shing Foundation was established in 1980, mainly focusing on supporting education and medical projects. Mr. Li Ka-shing has promoted education, medical, and public welfare poverty alleviation projects with a total value exceeding 30 billion Hong Kong dollars to date, with 80% of it in mainland China and Hong Kong.