Chung Chi College
Li was also a member of the Board of Trustees of the United College of the newly founded Chinese University of Hong Kong from 1961 to 1967, and was Honorary Treasurer of Chung Chi College from 1964 to 1970. He chaired the Board of Governors and the Council of Chung Chi College between 1970 and 1976. In 1970, Li was appointed member of the Council of the Chinese University of Hong Kong for a year. He was awarded the honorary degree of Doctor of Social Science by the university for his services in 1980. Li was a horse racing lover, and was a steward and Deputy Chairman of the Hong Kong Jockey Club.