I am from Hong Kong, the article appears to be a spam/fake article: http://finance.sina.com.hk/news/-3-5652018/1.html (Chinese)
This current resurgence is probably linked to an English translation being posted on e27 in the past 24 hours, before being subsequently picked up by TRS: http://mirror.e27.co/li-ka-shing-teaches-buy-car-house-5-yea...
Just a note that The Real Singapore is not representative of Singapore's media scene.. while it is not quite an equivalent of The Onion, it is also not the first news source for most locals. I am quite embarrassed to see it linked to on HN.