Hong Kong - Li Ka-shing, the Hong Kong billionaire and chairman of Hutchison Whampoa who invested $60 million in the Facebook social network back in November, has raised his investment to more than $100 million, and may sink even more of his fortune into the company, MarketWatch reported.

"Facebook is doing very well and we could have some synergy between the 3G services of Hutchison and Facebook, so the customers could use Facebook on mobile phones," Li told reporters at a Hutchison news conference. "I may raise my investment in Facebook -- anything is possible."

Other large Facebook investors include Microsoft, which put up $240 million for a 1.6% stake in the company in October.

Related Links:
http://snipurl.com/22uy1 (MarketWatch)

http://snipurl.com/22uzd (DMW previous coverage)

http://en.wikipedia.org/wiki/Li_Ka_Shing

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