Li, 89, will retire after the annual general meeting on May 10, the ports-to-telecoms conglomerate and his eldest son Victor Li will take over the reigns of his business empire.
Sunday's vote was triggered after Beijing forced the disqualification of six rebel lawmakers who had swept to victory in citywide elections in 2016.
Pro-Beijing loyalists and opposition supporters compete for four empty seats in the Hong Kong's semi-democratic legislature amid fears that China's communist leaders may be backtracking on the city's autonomous status.
Hong Kongers will head to legislative council polls next week to fill four seats that were left vacant after its members were disqualified over the 2016 oath-taking saga.
Pressure on children to succeed in Hong Kong's vaunted but highly competitive education system sometimes comes at the expense of sleep and play. A charity formed by a group of parents and concerned people is trying to change that.
Monday got off to a calm start but while some managed to stay in positive territory, the afternoon saw gains eroded.
Joshua Wong, Nathan Law and Alex Chow were jailed in August last year for their role in the 2014 Umbrella Movement mass pro-democracy protests, after Hong Kong's government pushed for harsher sentences.
Victims of sexual abuse in Hong Kong are speaking out, but say they're not getting the same support as women in other parts of the world.
Joshua Wong, Nathan Law and Alex Chow helped lead the largely peaceful "Umbrella Movement" that blocked major roads for 79 days in 2014, demanding Beijing grant Hong Kong full democracy.
Nine pro-democracy activists were found guilty of obstructing the clearance of a major encampment during the 2014 Umbrella rallies.
Housing costs in Hong Kong have risen for 15 months straight. Government efforts to curb run-away prices include capping bank loans for property purchases, prompting buyers to turn to unregulated alternate financiers.
Activists in Hong Kong say authorities feel they don't have to do anything about victims of human trafficking since there is no law on the matter.
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