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Hong Kong's Rich Man: Liu Luanxiong's Fortune History

author:Old news decrypted

26 years old, worth more than 100 million. At the age of 30, he bought 5 Ferraris in one go.

Speaking of Hong Kong's rich people, we have to mention Liu Luanxiong. In the past 30 years, Liu Luanxiong has harvested the stock market and created a topic for the financial community. While harvesting actresses, they have fed a large number of entertainment journalists.

Liu Luanxiong earned the first 100 million yuan in his life at the age of 26, so how willful was he at that time? It is said that in 1983, one weekend, Liu Luanxiong bought 5 Ferraris in one go, like an upstart. After picking up the bus, he suddenly wanted to take the bus.

Hong Kong's Rich Man: Liu Luanxiong's Fortune History

Less than 30 years old, he became a billionaire, and Liu Luanxiong at that time was full of spirit and rich and willful.

Liu Luanxiong's father, Liu Huorong, ran a rice shop when he was a child and lived a life without worrying about eating and drinking. Later, he opened a garment factory and was deceived out of all his family property. After that, the family fell in the middle of the road. The family is very poor, how poor is it? It is said that Liu Luanxiong did not sleep in bed before he was 10 years old, and he slept on the floor. A lot of tiring work is done by Liu Luanxiong, washing clothes, cooking, these tasks are very good.

Later, the family opened a ceiling fan factory. It was this ceiling fan factory that made their family turn over, and the ceiling fan business went all the way to the Middle East market. In the early 1970s, because of his family conditions, Liu Luanxiong was sent by his parents to study at The University of Sasha in Canada.

In 1974, after graduating from university, Liu Luanxiong returned to Hong Kong and worked in the ceiling fan factory at home for 4 years. Not long after, he and his wife at the time, Bao Yongqin, came out to start an independent business. At that time, his entrepreneurial principal was still mortgaged by his mother-in-law and lent him 150,000 yuan. Liu Luanxiong went to Nigeria and North Africa to do parallel goods business, and earned his first bucket of gold 1 million.

Hong Kong's Rich Man: Liu Luanxiong's Fortune History

In 1978, Liu Luanxiong, together with his friend Liang Yingwei, founded Ameco Fan Manufacturing Company, which produces ceiling fans, specializing in the huge market in North America.

Since then, Liu Luanxiong has opened his way to the beginning. Liu Luanxiong's Aimei high ceiling fan is very popular in the North American market, selling 240,000 units a year. Due to the large market demand, in less than two years, Aimeco has grown from 22 workers to more than 10,000 workers. Liu Luanxiong also earned his first 100 million yuan in his life, and it is said that he was only 26 years old at the time.

After its listing in Hong Kong, Amico was greatly favored by fund companies. At that time, 75 million shares were issued and 150 million Hong Kong dollars were raised.

Liu Luanxiong has a keen eye and is extremely bold. Early 80's. As a sniper, he galloped through the stock market in Hong Kong and was known as a "stock market sniper".

Hong Kong's Rich Man: Liu Luanxiong's Fortune History

In 1985. Liu Luanxiong had a conflict with Liang Yingwei, another founder of Aimeco, which led to Liu Luanxiong running away from Aimeco.

Of course, after he left the company, Aimeco's stock price began to plummet, from 4 yuan to 7 dimes. When the stock price fell to a low level, Liu Luanxiong began to desperately buy the company's stock in the market. After this operation, Liu Luanxiong controlled 34% of Aimeigao's stock. Half a year later, he killed a hui horse gun, not only regained the controlling right of the company, the stock also doubled, Liu Luanxiong made a net profit of 200 million.

After tasting the sweetness, Liu Luanxiong began to copy this operation, specializing in sniping at companies with unstable holdings, and sniping 4 listed companies successively, and all of them succeeded, so that his value rose to tens of billions.

Hong Kong's Rich Man: Liu Luanxiong's Fortune History

In 2008, during the financial crisis, Liu Luanxiong frantically spent 1 billion yuan and frantically bought real estate, in addition to buying in Hong Kong, he also went to the mainland to buy. As a result, the financial crisis did not make Liu Luanxiong lose a penny, but his value doubled several times.

One hand plays with finance, the other hand controls real estate. Although Liu Luanxiong is half a generation younger than Li Ka-shing, Deng Yutong and Lee Shau Kee, his status in Hong Kong is vaguely on an equal footing with these predecessors. It seems that if a person wants to succeed and make a lot of money, in addition to not being afraid of hardship, he must also distinguish the situation and be good at seizing opportunities.

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