Due to the supply cut, the price of natural gas in Europe has risen sharply, but recently natural gas futures have begun to decline, and Li Ka-shing's gas business in the UK has also been affected by the risk of supply outages.
Hong Kong billionaire Li Ka-shing controls nearly a third of Britain's gas market, so changes in the price of natural gas in Europe will also have some impact. European gas prices began to plummet, and Li Ka-shing became a big winner, investing another $20 billion in Britain
Recently, the outside world has reported that Li Ka-shing wants to return to the Chinese market from the United Kingdom, and there is also news that Li Ka-shing has changed back to Chinese nationality, and Li Ka-shing has returned to Guangzhou to go to Qingqing.
At the same time, Li Ka-shing sold his base stations and office buildings in the UK, so people were more convinced that he had left the BRITISH market. However, after a while, everyone found that Li Ka-shing still did not act, no matter how many things happened in Europe in the past two months, he still ignored them, as if these things had nothing to do with him.
This shows Li Ka-shing's determination, which is one of the reasons why he can become the richest man in Hong Kong. Many people invest in the same business, and as soon as there is a wind and grass, they quickly close their hands, for fear of losing money. But Li Ka-shing is very stable, no matter what happens in the outside world, how to interfere with him. He will not be affected, and has always firmly followed his own ideas, the path he wants to take.
In fact, Li Ka-shing's sale of the British industry does not have much to do with the change in the price of natural gas in Europe, although the sale of the telecom base station to earn 10 billion euros, it seems to be in response to the price increase of natural gas, but in fact this matter has begun to be implemented last year, only because of antitrust investigations, so this year began to trade.
In addition, Changhe received a quotation of up to 9.2 billion pounds from the British Power Company, and on this matter, Li Zeju expressed his thoughts on the issue of quotations, although the company receives a lot of quotations every year.
But he himself did not want to sell the idea, so the offer of this incident has not made any progress so far, which also shows in disguise that Li Zeju really does not want to sell the power company. Therefore, the outside world has Li Zeju's remarks that he wants to sell the power company is completely empty.
Many people previously believed that the cut off of natural gas supply in Europe would have a great impact on Li Ka-shing's income. But the problem Li Ka-shing faces is not this.
Because he himself is a second-way dealer, as long as he increases the price with natural gas, the cost of the price increase is also borne by the people, and his interests will not be lost. But if the supply is cut off, then he will lose the source of natural gas and have nothing to sell, which is the biggest problem that Li Ka-shing is facing now.
Some people think that the decline in natural gas prices in Europe will affect Li Ka-shing's business, because this will reduce his profits, so many people suggest that he sell the natural gas company at the first time, collect it when he sees it, the money is in the bag, and then return to the Chinese market to invest, in fact, these people are his followers, but Li Ka-shing does not move.
Although the British economy is weak, but Li Ka-shing values the British industrial base, so this time to invest 20 billion yuan in 5G business, because now the development of science and technology, coupled with the popularity of smart phones, people have been inseparable from the network, and electricity and natural gas are civilian production industries, the UK's population base is not small, the market development prospects are good, so Li Ka-shing will continue to increase investment.
At present, the three European groups have developed rapidly in 5G, and the 5G business has risen several times a year, because no matter how hard life is, the British still have to use electricity to connect to the Internet and use natural gas, which are the necessities of modern life.
Li Ka-shing is looking at this, so he still insists on investing, although the epidemic was quite serious last year, Li Ka-shing still made more than 6 billion yuan in the UK, which is only profit, not revenue.
Last year, the profits of Li Ka-shing's two companies totaled more than 60 billion yuan, which is also where his confidence lies, and Li Ka-shing's long-term vision, he values the British industrial base, and even at this time, he has not given up continuing to invest in Britain.
Moreover, Li Ka-shing sold a lot of assets during this time, and used the money from the sale of assets and the profits of the past two years to do one thing, that is, to reduce liabilities.
In fact, the debt ratio of Li Ka-shing's two listed companies has always been very low, and the use of operating income to repay debts has also made the debt ratio of these two companies tend to zero.
Li Ka-shing believes that this supply cut will not last too long, even if the supply is cut off, he can also go to other countries to find natural gas sources, even if the cost is high, then increase the price, anyway, the United Kingdom is also a developed country, its own natural gas can still be sold, and it is certain that it will not lose.
For example, in the past two years, the price of electricity in the United Kingdom has risen 7 times, and Li Ka-shing has also increased the price, after all, the cost is high, and the United Kingdom is completely market-oriented for energy prices, there is no upper and lower limit, so Li Ka-shing has not suffered losses.
In this way, Li Ka-shing will not leave the British market now, nor will he invest a lot of money in China, because his investment is cyclical, and Li Ka-shing's layout is at least 20 years.
At least not yet, the cycle has not yet come, and economic fluctuations in this cycle are normal in his eyes. This is the concentration of the richest man, and this is one of the reasons why ordinary people cannot succeed. Li Ka-shing won again? European natural gas plummeted, taking 20 billion to the UK to bottom out, becoming a "big winner"
epilogue
Some ordinary rich people are more concerned about their own value, worried that due to some investment failures and decision-making mistakes, their own value has fallen, affecting their own interests. But Li Ka-shing does not care, but has been increasing his stock, because he owns more than one listed company, and the company's assets are several times the market value, even if it has been falling, the impact on him is not large. This is where he differs from the average rich man, because many of the richest people have most of their assets virtual, only a small part of their real assets, and even some low-yield rich people are still in debt. Unlike Li Ka-shing, his assets are basically real money and silver, so Li Ka-shing is the real richest man in Hong Kong.