In 2008, he joined Hong Kong billionaire Richard Li Tzar Kai's financial news venture as executive editor and subsequently became senior vice president of Li's Pacific Century Group.
It was reported that, as early as 10 January 2006, the Lam's family was in negotiation with Richard Li (head of Hong Kong-based telecommunication giant PCCW) and another local mass-media company for the sale of the newspaper.
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