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Hold China, Shun Dollars

HONG KONG - A row of investment awards from some of the world's largest financial institutions lines the wall of the 76th floor conference room at Henderson Land, the main company owned by Hong Kong billionaire Lee Shau Kee. Skeptics say Lee's success owes mainly to good ties with bankers and a popular name, helping him to get early access to IPOs. Among the big winners that he bought into early: China Life (nyse: LFC ), the Bank of China, Industrial and Commercial Bank of China and Nine Dragons.

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