After Li purchased the Hanazono resort in Niseko, Hokkaido in 2007 through his company Pacific Century Premium Developments, development was delayed by the 2011 earthquake and tsunami disaster. By 2018 he had invested a total of US$930 million in the project, with an onsen, apartments, and two hotels including a Park Hyatt nearing completion by late 2019. In 2018, Li was quoted stating that his insurance businesses took up "70% to 80% of his time," with Li focused on expanding FWD in the Southeast Asian markets. In 2019, FWD had around $30 billion in assets under management. Also in 2019, Li's HKT announced it was establishing one of the first licensed virtual banks in Hong Kong, and in 2020 launched 5G wireless services. Under Li, the insurance group bolttech was launched in early 2020.