The name Li Ka-shing is a household name in China, relying on real estate to start with him, with his unique vision and keen sense of smell, and finally became a real estate tycoon.
Many people's impression of Li Ka-shing is still stuck in the real estate industry, in fact, Li Ka-shing's field is very extensive, and his development experience can be described by the word "legend".
In 1947, 19-year-old Li Ka-shing went to the hardware factory to sell. At the age of 22, Li Ka-shing used the money he saved as a salesman to open a plastic factory, the Yangtze River Plastic Factory.
In the early days of the factory, due to lack of experience and many accidents, Li Ka-shing almost gave up starting a business, but his cousin Zhuang Mingyue has always encouraged him, and finally Li Ka-shing survived the difficulties. Five years later, the plastic factory business gradually entered a good state.
In 1957, Li Ka-shing saw in a magazine that plastic flowers were particularly popular abroad, and he thought that Hong Kong's development was so fast that it would catch up with Western countries one day, so he decided to go to Italy to investigate, and brought plastic flowers back to Hong Kong, and as he expected, plastic flowers immediately became a hot commodity.
At the end of 1957, the Changjiang Plastic Factory founded by Li Ka-shing was officially renamed Changjiang Industrial Co., Ltd., and he opened a branch, and the headquarters moved to North Point, one factory was responsible for the production of plastic toys, and the other was responsible for the production of plastic flowers.
In 1958, Li Ka-shing built the first high-rise building in North Point, Hong Kong Island, officially entering the real estate market. Within two years, he built a second industrial building in Chai Wan, and his career also went to glory.
In 1967, Li Ka-shing took advantage of the leftist riots of the Cultural Revolution to buy large tracts of land at low prices as reserves. In 1972, Li Ka-shing's Cheung Kong Industrial was officially listed, and the stock price of his company soared 65 times. By the end of the 1970s, Li Ka-shing had stood out in the real estate industry.
In 1979, Li Ka-shing bought a 22.4% stake in a British bank from hsbc group, and he was also the first Chinese to acquire a British bank. In 1984, he bought the Hong Kong Electric Company at a huge expense. Two years later, Li Ka-shing set his sights abroad and bought more than 50 percent of the shares of a Canadian oil company.
By 1995, Li Ka-shing's total assets had exceeded US$42 billion. In 2009, the total market value of Cheung Kong Industrial in his hands was about HK$1 trillion.
In 2010, Li Ka-shing spent £5.775 billion on the power grid business. In 2019, Cheung Kong Spent £4.6 Billion to acquire what should be the largest bar group and distillery.
In March 2014, Li Ka-shing threw away his 25% stake in Watsons, cashing out more than $71 billion. In August of the same year, he acquired 100 aircraft from a large Irish aviation leasing company.
In 2020, Cheung Kong Industries spent £1 billion to create the Cornworth Terminal in the UK.
After Li Ka-shing made money at home, he did not choose to do it once and for all, but chose to run abroad to invest and buy shares in foreign industrial companies, so that his value would rise all the way. However, recently there was another news: Li Ka-shing made enough money in Europe, began to sell his assets in Europe, and after selling 115.5 billion assets in a row, the British government finally could not sit still and began to investigate Li Ka-shing.
In the golden age of China's real estate development, Li Ka-shing seized the opportunity to make a large amount of money, began to sell his assets in China, and began to gradually move his investment to Europe, everyone thought that he would develop abroad in the future. And it is understood that Li Ka-shing's investment covers more than half of the UK's industries, not only real estate, but also many energy industries, and is a large taxpayer in the UK.
The British side also attaches great importance to this rich man from China, Li Ka-shing is not only their god of wealth, but also has many important energy resources in his hands, and even the Queen of England personally received Li Ka-shing.
Both Chinese and British people thought that Li Ka-shing would continue to vigorously develop his career in britain, but what everyone did not expect was that Li Ka-shing was constantly selling off his overseas assets and decided to return to the mainland.
In just a few months, Li Ka-shing cashed out more than 110 billion euros, an act that caused panic in Europe, and once Li Ka-shing withdrew, the stocks of the industry he had previously invested would fall across the board, which would cause economic losses to many capitalists.
Li Ka-shing made enough money in China to go abroad to invest, and at that time he was insulted by many people who thought that Li Ka-shing was ungrateful and an unpatriotic businessman who only loved money, but now Li Ka-shing returned to China with the money he earned in Europe to invest.
After returning to China, in the face of the peak period of Internet development, Li Ka-shing was unmoved and still insisted on his real estate industry. In addition, he is also committed to the development of new energy industry. In 2020, Li Ka-shing cooperated with Jidian Co., Ltd. to jointly plan the development of the new energy charging industry.
Britain is a capitalist country, and the lifeblood of the country is naturally in the hands of the capitalists. Li Ka-shing's move to divest his capital touched the interests of capitalists, who naturally looked for someone to investigate his motives.
The British side has always felt that Li Ka-shing has ulterior secrets, but in fact, as a businessman, Li Ka-shing cares nothing more than how much interest the market can bring to him.
Li Ka-shing has a very strong sense of crisis, he spends a lot of time every day thinking about the future development of the company, he is always thinking about what he should do in the face of adversity, and when the problem really comes, he already has a solution. Then his departure from the UK this time seems to reflect from the side that there may indeed be some crises in the British market.
There is no absolute formula for success in your career. But if you can adhere to some principles, you can improve the probability of success, Li Ka-shing's principle is to stop at the right time.
No industry can continue to prosper, and when an industry develops smoothly, it is likely that it will have a downward trend in the next stage.
Li Ka-shing has set an example for everyone with his own practical actions, and businessmen should learn from Li Ka-shing's sense of distress and grasp the principle of moderation when investing.