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Li Ka-shing, who only pursues profits: Returning to China with a huge sum of money to invest, can he still make money after his patriotic persona collapses?

Text | Ming Yu Editor | Ming Yu's argument Around 2013, Hong Kong businessman Li Ka-shing sold off properties in the mainland. According to incomplete statistics, the capital withdrawn exceeded 250 billion yuan, which caused considerable turmoil in the domestic economic market.

As soon as the money came into his pocket, he turned around and invested in overseas markets, spending 400 billion to buy "half" of the United Kingdom. He was also knighted twice by the Queen of England.

Li Ka-shing, who disregarded the interests of the country and the nation, did not always have smooth sailing when investing abroad. Many projects suffered losses. Many people felt unworthy of him. After all, he was once the "Superman" in the hearts of the Chinese people.

Once upon a time, Li Ka-shing was a "god"-like existence in the hearts of the Chinese people. They were not only amazed by his business talent and investment vision, but also admired his patriotism.

He paid great attention to education. In 1981, he spent huge sums of money to found Shantou University. Until 2013, he continued to invest about 4.5 billion Hong Kong dollars in it and worked hand in hand with the country to build a key university in Guangdong Province.

He also attended many activities organized by Shantou University to cheer up students and encourage them to study hard and create their own glory.

Not only did he founded his own university, he also donated US$10 million to Peking University during its centennial anniversary to build a new library and create a better learning environment for students.

In addition to focusing on education, he has also funded the construction of public facilities many times. In Hong Kong, there are many nursing homes, children's hospitals, foundations for the disabled, etc., and Li Ka-shing's assistance can be seen.

He has also sponsored many large-scale activities to improve the country's status. In 1989, he donated 10 million to support Beijing's hosting of the Asian Games.

In the past, Li Ka-shing's image in the minds of ordinary people was that he was particularly good at making money and was willing to spend money for the country and the people. He was a model of "patriotic businessman".

As a businessman, Li Ka-shing is undoubtedly successful. He has a keen awareness of the market and has maximized his pursuit of interests as a businessman.

I believe we Chinese are all familiar with the term "shared area". Its definition is: the building area of ??the shared portion of the entire building is shared among all property owners of the entire building.

In short: the entire building's elevator shafts, pipe shafts, stairwells, garbage chute, etc., as long as they are public facilities that can be counted, must be shared equally with the owners.

Because of the "shared area", the real estate certificate of the house we bought stated that it was 100 square meters, but the actual area was only about 70 square meters. What is even more difficult to accept is that you still have to pay property fees, heating fees, etc. based on 100 square meters.

This god-like concept was proposed by Li Ka-shing. It originated in Hong Kong and is applicable to all regions in my country. However, other countries do not have this provision. He explained: This can lower the average housing price and make it easier for ordinary people to accept it.

Regarding the manipulation of the real estate industry, Li Ka-shing's methods don't stop there.

In the 1960s, Li Ka-shing's plastic flower industry was booming, but he did not rest on his laurels. Instead, he took a longer-term investment view and realized that Hong Kong's economy was developing rapidly and its population was increasing, so the real estate industry would inevitably be booming in the future.

Keenly sensing business opportunities, Li Ka-shing began to invest a large amount of money in hoarding land. Just as the real estate industry was at a trough at that time, he purchased a lot of land with development prospects at extremely low prices.

The development prospects in the next few decades are just as he expected. The real estate industry is developing rapidly. Hong Kong's housing prices are even more out of reach for ordinary people. Houses that cost hundreds of thousands per square meter are prohibitive.

Many people think that housing prices are high because there are more people and less land, and supply exceeds demand in the market, which leads to skyrocketing housing prices.