Li Ka-shing, a business magnate who was calling for the wind and rain, originally held a global investment map, but he did not expect to encounter a bottleneck recently. Want to know how the business legend was disrupted by an incident involved in his expansion into Vietnam, and how his assets in the UK shrank?
Li Ka-shing, a business wizard known as a "superman", has always been a bellwether in the investment world. His every move touched the hearts of countless people. But such a business giant has also had to face challenges and risks in recent years.
Originally, Li Ka-shing's Cheung Kong Group saw the development potential of Vietnam and was ready to make a big move in Ho Chi Minh City and cooperate with the local VTP Group. This is a big move, after all, the potential of the Vietnamese market is optimistic about the whole world, and Li Ka-shing naturally does not want to miss it.
But just as they were about to start construction, there was a sudden thunderbolt - Zhang Meilan, the founder of VTP Group, was arrested on suspicion of fraud and misappropriation of property. At this moment, Li Ka-shing's plan was not only forced to be suspended, but also faced a series of chain reactions.
Don't underestimate the impact of this event. Zhang Meilan's arrest not only hindered Li Ka-shing's investment plan, but also taught him a lesson in his global investment layout. After all, this is not the first time he has hit a wall in overseas investment.
Remember the period from 2013 to 2018? Li Ka-shing aggressively withdrew his investment from Chinese mainland and Hong Kong to the British market. He bought a lot of infrastructure and utility assets, and it was a big deal.
However, the business tycoon has not escaped the impermanence of the market. The depreciation of the pound, coupled with the energy crisis in Europe, has severely reduced the value of his assets in the UK.
The fact that an asset that was once high on the sky shrank overnight is a heavy blow to any investor. Although Li Ka-shing has a lot of experience and a keen sense of smell, this loss also makes the outside world see the limitations of his investment strategy.
Li Ka-shing's assets are not the only ones. His territory is spread across Europe, the United States and Hong Kong, and the economic conditions of these places can be said to be directly related to the rise and fall of his assets. In recent years, due to various factors, the economy of these regions has generally not been too optimistic.
While he has been solid in utilities such as power grids, water, and transportation, the overall decline in performance and the collapse in stock prices are a direct reflection of the challenges he faces.
In this era full of uncertainties, as an investor, why is it not constantly struggling with risks? Li Ka-shing's investment journey has never been smooth along the way. His decisions often cause storms in the market, and he also needs to deal with sudden changes.
Not only did Vietnam's layout not even begin, it was suspended because of the turmoil of its partners, and the UK's assets also shrank due to external economic fluctuations. These are all tests of the coping strategy of "Superman" Li Ka-shing.
If we look at the history of this business giant, we will find that he has never been afraid to make drastic changes to the world's investment map. When he decided to withdraw from the Chinese mainland and Hong Kong markets, many people were puzzled and even scoffed.
However, his move later seemed to be quite prescient. His investments in the UK were also very lucrative at first. It's just that no one expected the pound to depreciate, let alone an energy crisis.
Zhang Meilan's arrest was undoubtedly a huge surprise for Li Ka-shing. Many people may ask, how can such an experienced investor choose a partner in question?
But this is a reflection of one of the great truths of international investing: no matter how savvy you are, there are always unpredictable risks. This setback in Vietnam is believed to be an important case in Li Ka-shing's investment career.
In fact, for an investor like him, every setback is a new learning opportunity. His investment landscape has fluctuated due to the events in Vietnam and the shrinkage of British assets
But his influence and ability to adjust should not be underestimated. In today's ever-changing global economic landscape, every step of Li Ka-shing has touched the hearts of countless investors.
Investing is always a game. In this battlefield without gunpowder, everyone is trying their best to avoid risks and seek benefits. Li Ka-shing's experience is just one chapter in the stories of countless investors.
His territory may have been blocked and his assets may have shrunk, but the name of this business legend and his business acumen will still leave a strong mark on business history.
We can't help but wonder how Li Ka-shing will adjust his global investment strategy, what will he learn from this experience, and what will he do next? Only time will tell the answers to these questions.