Chapter 281 Seize the opportunity! That is a Chinese man who bought most of the UK!
Chapter 281 Seize the opportunity! That is a Chinese man who "buyed" most of the British!
I don't know what kind of person I am in the eyes of others, but in my own eyes, I am just like a child playing on the beach, complacent about finding a smoother pebble or a shell that is more beautiful than usual, but I have not discovered the vast ocean of truth before us. If I see farther than others, it is because I stand on the shoulders of a giant.
Whether in business, politics, culture, or science, we inherit or develop based on the predecessors.
The Yangtze Business School’s inspection and exchanges made me allow myself to go. Xi Ming felt that although Professor Pan was a bit silly and stupid, he was still very good.
This is a very good opportunity.
If he can communicate with the giant Li Ka-shing in Hong Kong, he thinks he will definitely benefit a lot.
Li Ka-shing is not only a wealthy man in Hong Kong, but also a giant among Chinese businessmen.
Li Ka-shing is the businessman that Xi Ming admires the most. None of them is an epoch-making businessman.
Xi Ming admired his courageous businessman the most. Li Ka-shing was able to face difficulties when encountering difficult problems and gave up his soldiers to protect the commander. He was a great businessman who combined courage and strategy. He often warned his two sons that although a person had only courage, he could create a world in this era, but in order to achieve success, it was far from enough to have courage, and he also needed strategy. In many cases, strategy is often much more important than courage.
This is very consistent with Ximing's current situation.
Xi Ming admires Li Ka-shing very much.
A man started to be an apprentice at the age of 12, took on the burden of life for his family at the age of 15, and never received a formal education again, but built a giant consortium.
In recent years, the mainland economy has developed rapidly, and many companies have increased their market value and their personal wealth has rapidly leaped. Li Ka-shing was surpassed by rookies such as Jack Ma, Wang Jianlin and Ma Huateng in terms of book value. However, no one dared to say that he had completely defeated Li Ka-shing, who started out with real estate. Apart from them, no entrepreneur in the mainland dared to say that he truly surpassed Li Ka-shing.
Unlike the rising stars Jack Ma, Ma Huateng and Xi Ming in 2000, I feel that many of Li Ka-shing’s stories are no longer clear because of their distant age.
The reason why Li Ka-shing is different from Jack Ma, Ma Huateng and Wang Jianlin is that he is a model of making heroes in the times. He is the best entrepreneur who is good at capturing opportunities in the times. In his fifty years of business experience, he has completed five beautiful bottom-buying activities, accumulated huge assets, and laid out the world.
In 1965, when the Hong Kong financial crisis was in danger, everyone was in danger, and the housing market plummeted. The anti-Sun-State Empire of Great Britain broke out in Hong Kong Island under the British colonial area. For a time, real estate companies closed down and went bankrupt. However, Li Ka-shing believed that Hong Kong, with a large population and a small land, would definitely be the world of real estate in the future. He took advantage of the lows to acquire a large amount of land and buildings. Three years later, the Hong Kong government strongly intervened in the real estate market. The Hong Kong economy recovered, and the price of land and property acquired by Li Ka-shing doubled, and Li Ka-shing made a lot of money.
In 1973, the Middle East War and the oil crisis dragged down the global economy, Hong Kong's economy fell into a downturn again, and Li Ka-shing once again acquired land at a large amount of low prices.
In the 1990s, Li Ka-shing began to buy the bottom of Europe. At that time, the European mobile communications provider, Orange, the third-ranked communications provider, got rid of the debt crisis after he operated it and sold it at an astonishing price in 2000, with a total transaction price of 160 billion yuan. It became the most profitable transaction in Li Ka-shing's career.
In 2008, the US subprime mortgage crisis, the entire European and American economy fell into a downturn. Li Ka-shing once again bought the bottom in Europe. This time he made 390 billion yuan, which was just an investment in the UK. Now, his company has controlled nearly 30% of the UK natural gas market, one-quarter of the electricity distribution market and about 5% of the water supply market, and has been exaggeratedly commented that he bought the UK!
What a high evaluation!
In 2016, Li Ka-shing sold his mainland real estate at the hottest time in China, making another big profit. In 2017, China began the strictest regulation in history. Houses are for living, not for speculation. House prices have entered a downward channel, and he has already lost their hands at the highest point.
...
Li Ka-shing's most classic battle, laid the foundation for the battle of business leaders. In 1978, Li Ka-shing made an amazing plan at that time, transferring the 10 million shares of Hutchison Whampoa stocks in his hand to the then Chinese businessman, Pao Yu-gang. Pao Yu-gang and the original Hutchison Whampoa stocks became the largest loneliness of Hutchison Whampoa, so that he could openly bid for Hutchison Whampoa with Jardine Whampoa. Li Ka-shing made a profit of more than 300 million yuan by transferring Hutchison Whampoa stocks, and obtained 90 million shares of Hutchison Whampoa from HSBC through Pao Yu-gang. In this way, the owner of Hutchison Whampoa became Pao Yu-gang, and the owner of another British-owned company Hutchison Whampoa became Li Ka-shing.
The "joint" that was regarded as a legend in the future market directly directed the family business of Hutchison Whampoa, which changed from a British giant to a ship king, to a Chinese asset, and indirectly promoted Li Chaoren to successfully annex another British giant, Hutchison Whampoa, which made the British capital's power in Hong Kong gradually collapse. In this regard, the battle of Hutchison Whampoa can be said to be a highlight in Hong Kong's economic history.
That battle can be said to be the beginning of a full-scale counterattack by Chinese businessmen in Hong Kong and also laid the foundation for the rich family of Chinese business today.
That battle made many people understand why Jack Ma still finds it difficult to surpass Li Ka-shing. In that era, Li Ka-shing's shopping malls were like battlefields. Their business was not only related to their own wealth, but also to the loss of high-quality assets of the country. On the contrary, today all the Internet companies in China have major shareholders behind them. Although Alibaba's market value exceeds US$450 billion, it makes tens of billions of profits in China every year. In name, Jack Ma is its controller, but the largest shareholders are the Japanese, Japanese, Masayoshi Son and Yahoo in the United States.
So Jack Ma had long said that the second Li Ka-shing cannot be born in today's era, although he has been behind the scenes since 1998.
In his nominal reputation, Jack Ma and Wang Jianlin cannot be compared with Li Ka-shing.
Being good at seizing opportunities in crises is Li Ka-shing's strongest ability. After 18 years of Alibaba's establishment, will it still stand in the next 30 years? It is impossible to know, but Li Ka-shing's company has been standing in the past fifty years and has gone through several eras. This is why Jack Ma, Wang Jianlin, Ma Huateng is still too young in front of Li Ka-shing.
Li Ka-shing did not come from time to time, but he can complete beautiful business operations every time, always buy at the economic downturn, and sell at the ** time...
Li Ka-shing has the wisdom to transcend time and space, just like a prophet. The person Xi Ming admires the most is him. He made unimaginable wealth through the prophet. Now the prophet has gone. How much he hopes that he can gain the wisdom of the prophet like Li Ka-shing again.
This is something that is almost impossible to learn, but Ximing thinks it is a good learning opportunity. Getting close to Li Ka-shing and his Cheung Kong Business School, how to maintain success, explore, and appreciate the wisdom of giants is a good opportunity to use people as a mirror.
So when he goes to Cheung Kong Business School, he wants to go there. If he doesn't go to a fool, such a good opportunity to study on Li Ka-shing's "shoulder"...
That's a Chinese man who "buyed" most of the British!
Convenient to read』
Chapter completed!