rishaad: right, coming up, why li ka-shing can't get enough of austrian energy assets. ion deal next. ♪ >> it is 10:29 a.m. in hong kong. i'm haidi lun with first word headlines. li ka-shing buying duet group for 5.5 billion dollars, subject to regulatory approval, but expected to go ahead by mid-may. it is the latest attempt to bolster his australian business. republican senator rand paul developing his own alternative to obamacare. his legislation would include a provision for inexpensive policies with more restricted coverage. he told cnn's state of the union, the requirements for procedures drive up costs. the outgoing director of the cia has called donald trump's comments about the u.s. intelligence community outrages. speaking on fox news, john brennan said the president-elect is not have a full understanding of russia's capabilities and intentions. series ofmid a insults and allegations by trump in recent weeks. come to avietnam have tentative agreement on their overlapping claims to the south china sea. the two countries have promised to bridge their maritime dif

it is the latest of tempe li ka-shing to bolster his business.estors are shifting their view on the trump trade. they have gone from one more than $1 billion in november 2 nothing. we put the chart up for you. the initial excitement and enthusiasm off the back of the trump election, two key industries, biotech and aerospace and defense, to virtually nothing now. again, the growing anxiety of what donald trump is saying. one person who has always been guest,al has been our you've never bought into a lot of the optimism. now that you have had 3-4 additional weeks to listen to donald trump, what is your analysis? >> it remains the same. we were one of the few banks that argued for a long time that the west needed a strong fiscal stimulus to kickstart economic activity. that leaving it up to central banks was not going to be enough, but this time, i have a lot of questions about the effectiveness of the fiscal stimulus in the united states. the first question is related to what kind of fiscal stimulus are we going to see. through tax cuts to the weal

li ka-shing: [speaking chinese]