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Li Ka-shing rarely warned, no one is safe in this era!

Li Ka-shing rarely warned, no one is safe in this era!

Li Ka-shing rarely warned, no one is safe in this era!

I watched a bold interview some time ago.

Li Ka-shing's confidante Zhou Kaixuan disclosed at a business event that as early as 2021, Li Sheng kept warning her, saying that the market was "full of mountains and rains", and the economy would "plummet" after that.

Back in 2021, the three red lines are working their magic, the wind of double reduction in rectification and education and training is rising, and the crackdown on the monopoly of the platform economy is at the right time, and Hong Kong Island has still not come out of the aftermath of the storm, which has become a footnote to the turning point of the times, and mainland developers are still gearing up to raise money to enter the market.

Zhou Kaixuan seemed to have lingering feelings when recalling the situation at that time, and Li Ka-shing advised her to prepare reserve funds in advance, otherwise she would be in danger.

Although she is not the wife of Li Ka-shing who is marrying Ming Media, she has been with Lao Li for 20 years, firmly grasps Lao Li's private investment direction, and combines the thousands of investment risks of Changhe's business empire.

The tacit understanding between the two had been foreshadowed as early as the fall of 1993, and it was also their first meeting.

That year, Zhou Kaixuan, who was only the manager of the Victoria Harbour Company, and Zhang Peiwei, Tung Chee-hwa's cousin, went to Beijing to look for investment projects, and the two women were strolling along Chang'an Avenue while eyeing the core plot of nearly 100,000 square meters on East Chang'an Avenue, which was only 1,200 meters away from Tiananmen Square.

Once the project is won, it will be the largest real estate project in Beijing since the founding of the People's Republic of China. Under the guidance of Mr. Dong, Zhou Kaixuan made an appointment at the Wangfujing Hotel to meet Li Ka-shing, a Hong Kong businessman who came from New York.

It only took 5 minutes for Zhou Kaixuan to persuade Li Ka-shing to invest 2 billion US dollars in the project he fancied, which may also set a record for the fastest transaction in the history of mainland business negotiations. The project is now located at No. 1 Chang'an Avenue and is called Oriental Plaza.

At that time, Zhou Kaixuan was 32 years old and Li Ka-shing was 65 years old, and the bond between the two was concluded.

Li Ka-shing not only has a vicious business vision, but also has a first-class eye for people, and he was impressed by Zhou Kaixuan's courage and strategy in this negotiation.

Three years later, Zhou Kaixuan solved the task of demolition and resettlement, which was regarded as impossible by Hong Kong businessmen, brought a piece of acquaintance to Li Ka-shing, and earned a commission of 400 million Hong Kong dollars from him.

Since then, Li and the others have not only been deeply bound commercially, but also emotionally become partners who are not husband and wife but husband and wife.

With the help of Zhou Kaixuan, Li Ka-shing has long been the richest man in China, and has also made cross-border investments in a number of Internet companies, including Facebook and Zoom, through Victoria Harbour Investment.

Returning to this interview, Zhou Kaixuan revealed that about 80% of investment companies at that time had followed Li Ka-shing's advice and set aside sufficient funds for 24 to 36 months, and as a result, these cash flows saved their lives.

On the other hand, those mainland companies that were still surging forward at that time had a sad ending.

Although the 95-year-old Li Ka-shing sits behind the mansion at 79 Repulse Bay, he still keeps an eye on the capital market, and he cautions investors not to care about the daily highs and lows of the financial market.

Whether individuals, institutions, or governments, in this ever-changing world, they need to remember to never be trapped, because being trapped is a terrible nightmare.

When asked when Li Ka-shing thinks there will be a turnaround, Zhou Kaixuan's statement is very conservative: "There is no sign for the time being, and I am still cautious." ”

At the end, he added, "In this day and age, everyone must take care of themselves."

In fact, Zhou Kaixuan's statement was still tactful.

As early as 2013, Li Ka-shing began to reallocate his asset structure, nearly a decade earlier than the average entrepreneur.

At that time, the mainland real estate was still flourishing, maintaining an upward momentum all the way, attracting a lot of capital, but in Li Ka-shing's view, this kind of overly hot market is often risky, and in the spirit of not earning the last copper plate, he began to flee from the top.

As a result, projects including Guangzhou Xicheng Duhui Plaza, Nanjing International Financial Center, Shanghai Lujiazui Century Hui and other projects were all resold by Li Ka-shing. After a flash, he almost cleared the mainland's assets, and cashed out as much as 100 billion yuan in five years.

In addition, Li Ka-shing is also selling Hong Kong's assets, such as the Central Center, the fourth tallest building in Hong Kong, was transferred by him at a high price of nearly 50 billion, and even more powerfully, he also found a receiver.

At the same time, Li Ka-shing began to use the money to run into the UK to buy, buy, buy

One of the most frequently cited figures in the media is that the Li family controls about 40% of the UK's telecommunications market, 30% of the power grid and passenger railways, nearly one-third of the UK's terminals and a quarter of the gas supply market, and more than 500,000 square meters of land.

Hong Kong's Lee Ban Cheng wants to become the British Lee Ban Kwok.

In those years, the crusade against Li Ka-shing for evacuating China and moving to Europe was turbulent, and the most famous was a battle article "Don't Let Li Ka-shing Run" by the Xinhua News Agency's Lookout Think Tank, which pushed Li Chaoren, who was once praised as a model for Hong Kong businessmen, to the forefront of public opinion.

Now looking back and forth, Li Ka-shing's original operations are not complicated, but they are just practicing his lifelong investment principles, and the core is just four words, buy low and sell high.

However, just when everyone felt that Li Ka-shing was getting farther and farther away from the Chinese market, since last year, the former richest man in China has begun to kill again, and the first stop is Hong Kong.

In 2022, the Changhe Department began to make a move, winning a number of land parcels in Hong Kong, and in less than a year, it has invested nearly HK$20.5 billion in reserve land.

The most classic battle took place in June this year, when the 95-year-old former richest man in China chatted about his youth and set out to buy the long-awaited Hong Kong Mid-levels mansion Kaiyue.

Located in Ap Lei Chau, Southern District of Hong Kong Island, with a mountain and facing the sea, the units are all 180-degree sea view houses, which were officially launched at the beginning of this year, with a unit price of about 50,000 Hong Kong dollars per square foot, roughly converted to nearly 500,000 yuan per square meter, with a total value of more than 30 billion Hong Kong dollars.

The land was originally the training ground of the Hong Kong School of Motoring, and as early as 2017, Li Ka-shing's Cheung Kong Group participated in the auction of the site where Kaiyue is located.

However, that time, mainland real estate companies Logan and KWG formed a consortium to break through the hunt of Hong Kong businessmen at a premium of 53% higher than the highest market valuation to grab the land, setting a new 20-year land price record in Hong Kong.

No one expected that today, six years later, Li Ka-shing will come back. The excitement of Hong Kong's chess game is that no one can pat their chests and be the final winner until the last moment when the money is in their pockets.

Now Logan Group and KWG Pacific are caught in the common problem of debt crises common to mainland real estate companies, and the two real estate companies have obtained a HK$10.2 billion development loan from a syndicate of banks such as HSBC with the Kaiyue project as collateral.

However, what the two never expected was that a Li Chaoren suddenly appeared on the road to overseas debt restructuring, and Li Ka-shing's Cheung Kong Group has contacted HSBC to take over the corresponding claims of the Kaiyue project.

Once this trick is successful, Li Ka-shing will use 10 billion debts to leverage the value of 30 billion yuan to win the actual control of Kaiyue, and the operation of buying low and selling high is indeed very Jiacheng.

For old money like Li Ka-shing, although he says that he is cautious about the market, he still does not miss every opportunity to buy the bottom.

Behind the successive heavy positions is the change in the Li Ka-shing family's expectations for the Hong Kong real estate market.

You can doubt Lao Li's character, but you don't have to doubt his vision, the scheming Li Ka-shing is well versed in the way of cycles.

Everything has a cycle, and when the market is strong, we must see the lurking crisis, not be tempted by short-term gains, and not be overly pessimistic when the market is in a downturn, and will not let emotions overshadow the opportunities that appear at the bottom of the cycle. Between the ups and downs of the cycle, it is a good opportunity to make a move.

Although he has a reputation in the world, Li Ka-shing, who has been up and down in the property market for decades, is calm like a hunter dormant in the cyclical forest, and never misses the opportunity to raise his cards with a small and broad scale.

This time, he made a low-key return, perhaps expecting that a new real estate cycle in Hong Kong has slowly begun.

At the interim results meeting held by Cheung Kong Group this year, Li Zeju, the eldest son of the Li family and chairman of Cheung Kong Group, also talked about the current Hong Kong property market.

At present, the price of land in Hong Kong has fallen to close to the cost price of the government, and buyers should buy land or property in a counter-cyclical manner, and the time to buy a home is more stable now than three years ago.

His consideration is completely consistent with the operating logic of the Li family this year, and behind these almost explicit investment strategies, there is still optimism about the stabilization of the Hong Kong market.

As Zhou Kaixuan said in an interview in response to Hong Kong's "site of an international financial center", "Hong Kong is our home. We should not be pessimistic, what others say and what we are doing are two different things, we should focus on doing our own thing. ”

For all investors, judging the macroeconomic trend from massive information is not completely without opportunities, and there will be many gods who have penetrated the heavens in the early years, but this requires a lot of talent or a lot of trial and error experience in the capital market.

This is not difficult, but what is even more difficult is to avoid the inner temptation and find a way to practice after judging the direction of the economy. Negative cases, Xu Jiayin has shown us many times.

The so-called easier said than done, which is also the reason for the intensification of the gap between the rich and the poor in the era of global asset allocation.

As for us ordinary people, we need to understand the judgment logic of top billionaires like Li Ka-shing behind the complex investment strategy portfolio, and then seize the opportunity.

In recent years, a large number of elites have begun to pour into Hong Kong.

Lang Lang, Hu Jun, Zhang Ziyi in the entertainment industry, Marbury and Li Ning in the sports circle, and business tycoons Cao Dewang, Meng Wanzhou, and Ma Yun......

As the group with the most top resources, they have the strongest economic sense and political acumen, and their movements can be seen as a signal.

So what kind of "privileges" can you enjoy with a Hong Kong identity?

So much so that so many people who have seen the world are flocking to it?

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