When a great investor speaks, it’s best to keep an eye on the direction of his feet as well as his mouth. Li Ka-shing has pooh-poohed the notion that his commitment to Hong Kong is waning, saying in 2012 that he has a “special feeling” for the city and “definitely” won’t withdraw investments. Special feelings are for Japanese snowstorms and favorite sports teams. Business is business. Friday’s news that Hutchison Whampoa is close to buying 02 of the U.K. for as much as $15 billion seals an impression that has been building for years. Li has seen the future: and it’s in Europe. We aren’t suggesting that the ... (full story)