When it comes to new energy vehicles around the world, tesla must be mentioned. Tesla's sales continued to rise steadily in the third quarter, especially in the Chinese market, while Tesla also achieved a profit of $1.6 billion in the third quarter, causing a sensation in the capital market. Because of the soaring performance, Tesla's market value continues to rise, and it has now broken through the $1 trillion mark, and it is still soaring.
Tesla's market value soared, and Musk once again surpassed Bezos to become the world's richest man. However, Musk has become a big winner, and the other horse is a big loser, and this person is Tencent's Ma Huateng. In 2017, Ma Huateng spent more than $1.7 billion to invest in Tesla, accounting for about 5% of the shares. However, after that, Ma Huateng cashed out this stock one after another, and the profit was about 1 times.
Today, Tesla's market value has soared to more than $1 trillion, and Ma Huateng's 5% stock held at that time had a market value of more than $50 billion, equivalent to more than 300 billion yuan. In other words, because Ma Huateng sold Tesla by mistake, he is now making 300 billion less. Ma Huateng must be very regretful now, he certainly did not expect that under the impetus of the epidemic and policies, new energy vehicles broke out in the capital market so early.
In fact, this mistake that Ma Huateng is making now is nothing if compared with Li Zekai at that time. Li Zekai mistakenly sold 20% of Tencent's shares, which made him earn 1.4 trillion yuan less, and thus missed the world's richest man.
Li Ka-shing's current book wealth is only 200 billion, which means that Li Zekai has earned 7 times less of his father's wealth in his life. Of course, Li Ka-shing's real wealth is certainly not only 200 billion, at least 1 trillion. If Li Zekai does not sell tencent shares, then the total assets of the Li Ka-shing family will really reach an astonishing level.
Li Zekai's mother died in 1990, and soon after he promised his father to return to Hong Kong, initially working for Li Ka-shing's company. However, Li Zekai's dream was to start his own business, so soon after Li Ka-shing supported Li Zekai for 450 million US dollars and let Li Zekai start his own business.
Li Zekai took this money to set up STAR TV. Two years later, Murdoch wanted to expand to Asia, and Li Zekai took the opportunity to sell the company to Murdoch and cashed out $900 million, which means that Li Zekai earned $450 million in two years. Subsequently, Li Zekai used this money to set up Yingda Real Estate, Yingke Development and other companies.
In the mid-to-late 1990s, Hong Kong promoted the Cyberport Initiative, which at that time planned to build Asia's Silicon Valley, which attracted global attention. Li Zekai negotiated with the world's eight major technology companies and signed a cooperation agreement. After that, he gave the agreement to Mr. Dong, who immediately approved the Cyberport plan to Li Zekai.
Li Zekai then spent 300 million yuan to acquire the listed company Dejiaxin, injected the Cyberport plan into the company, and renamed the company Yingke Development. At that time, the company's market value soared to more than 60 billion yuan without a penny of revenue. Li Zekai took the opportunity to cash out 5 billion yuan in cash.
According to the plan at that time, Li Zekai would invest 20 billion yuan to develop Cyberport, while Hong Kong would take out a piece of land worth 7 billion yuan and invest 1 billion yuan to support construction. According to the design at that time, after the completion of Cyberport, it was decided to become the Silicon Valley of Asia.
However, the problem is that Li Zekai has long known that this project is only tangible and godless, because the United States can develop Silicon Valley because the United States has a large number of scientific and technological talents, and the problem in Hong Kong is actually that there are no scientific and technological talents. So Li Zekai already had a new plan, in order to get back 20 billion yuan of investment, so he and Hong Kong agreement, he can build supporting real estate in Cyberport. To put it simply, this project eventually allowed Li Zekai to build a real estate project packaged by technology.
However, the capital market can ignore these, and Yingke's market value continues to soar. In order to further expand the market value, Li Zekai thought of whale swallowing Hong Kong Telecom. At that time, hktour's annual profit exceeded 10 billion yuan and its total assets exceeded 300 billion yuan. It just so happened that the British Dadong Telegraph Office, the parent company of Hong Kong Telecom, was preparing to sell Hong Kong Telecom. Lee received the news that Singapore Telecom and the Dadong Telegraph Office have negotiated about the same, and the acquisition plan is $5 billion plus shares.
Li Zekai immediately found more than 30 banks in Hong Kong and negotiated a capital cooperation plan, more than 30 banks jointly lent Li Zekai $13 billion, but Li Zekai did not need to provide collateral, but the funds could only be earmarked for the acquisition of Hong Kong Telecom. In other words, Li Zekai used the hong kong telecom that had not yet been acquired to mortgage the funds, which is almost unique in the history of the global business community.
Li Zekai then took out US$12 billion plus some stocks, successfully snatched HKT from Singapore Telecom, and then PCCW expanded and merged with Hong Kong Telecom to form PCCW listing, and the company's market value soared all the way to 560 billion. Li Zekai was a great success.
It was also in this year that Li Zekai invested $5 million in Tencent and took a 20% stake in Tencent. However, only 2 years later, the global Internet bubble burst, the market value of PCCW plummeted to 30 billion, the bigger trouble is the decline in hong kong telecom performance, Li Zekai can not afford to take the profits of Hong Kong telecom to repay the debt. At this time, the $13 billion debt began to overwhelm Li Zekai.
Mr. Li had to start selling assets to pay off his debts. It was also in this situation that Li Zekai sold 20% of Tencent's shares for more than $40 million. At that time, Li Zekai also made more than 8 times the profit, which was also a good investment. However, Li Zekai could not imagine that tencent would be listed in Hong Kong a year later, and its market value had exceeded 10 billion.
By 2010, Tencent's market value exceeded 100 billion, in 2014, Tencent's market value exceeded 1 trillion, and by 2020, Tencent's market value exceeded 7 trillion. If Li Zekai does not sell 20% of Tencent's shares, then at the peak, Li Zekai's net worth will reach 1.4 trillion yuan, which is definitely the world's richest man. Unfortunately, Li Zekai couldn't do it back then.
Li Zekai later said that at that time, on the one hand, he could not understand the development of Tencent, on the other hand, he was under too much pressure and had to sell assets to repay debts. When the pressure was at its highest, Li Zekai even planned to sell Hong Kong Telecom. When Li Zekai acquired Hong Kong Telecom, the valuation was 300 billion, and the price of the later sale was only more than 60 billion. However, because the valuation was too low, Li Zekai did not sell, and finally Li Ka-shing came forward to help Li Zekai solve the problem.