Author | City boundary Xie Yuanyuan
Editor| Old Take
Among the many big names in Hong Kong's business community, Liu Luanxiong is known as the "most storytelling" person. He is the ex-boyfriend of Li Jiaxin and Guan Zhilin, and is rumored to have maintained intimate relationships with nine women at the same time.
The reason why Liu Luanxiong can gain the favor of so many women has something to do with his strong asset strength. Liu Luanxiong is often featured in the Forbes Rich List due to his position as a Chinese property buyer, and in 2015, Liu Luanxiong ranked 6th on the Forbes Hong Kong Rich List with a value of US$10.9 billion. But this company was not founded by Liu Luanxiong, but bought through capital operation.
Born in Hong Kong in 1951, Liu Luanxiong is known as Da Liu. Before entering the chinese real estate, he was the chairman of Amico Company, which mainly produced ceiling fans. A few years later, Liu Luanxiong's Ameco fans had monopolized the entire North American market. Less than 30 years old, Liu Luanxiong was already worth hundreds of millions of dollars, and in August 1983, Aimeco Industrial was listed, and the total assets had reached HK$500 million. Among them, the younger brother Liu Luanhong is indispensable, including the later Liu Luanxiong sniping at a well-known company in Hong Kong for four times, Liu Luanhong is involved in it, and the two are bright and dark, with tacit understanding.
When Aimeiko was just established, Liu Luanhong helped his brother and co-operated the company with Liu Luanxiong. At that time, the two people only slept for a few hours a day, very desperate, shortly after the company's listing, Liu Luanxiong suddenly gave up the industry, and Liu Luanhong jointly introduced European and American leveraged buyout technology, and began the career of a "sniper" in the Stock Market in the Hong Kong capital market, leaving behind the legend of "sniping" the chaebol four times.
Among them, the acquisition of Chinese real estate has become the most sensational "sniper" in the Hong Kong market. In that year, Liu Luanxiong's Aimeco successfully acquired 43% of the shares issued by Huaren Real Estate Co., Ltd. at a price of 18 yuan per share. At that time, the heads of the Feng Pingshan and Li Guanchun families transferred their shares. Liu Luanxiong and Liu Luanhong successfully took over the company. It is reported that the company has 5 listed companies, and the current total market value directly follows the top ten consortiums in Hong Kong, and its business expands to real estate, media, construction and manufacturing.
Later, the Liu brothers acquired the Hong Kong China Gas and the Hong Kong Giant Kadoorie family hotel in turn. Among them, China gas is the industry of Lee Shau Kee, the richest man in Asia. Liu Luanxiong bought more than 8 million shares and sold them to the fund, making a profit of more than HK$34 million.
In early 1987, the Liu brothers joined forces with Lin Baixin to buy a 34.9% stake in the hotel from the Liang Zhonghao family. However, due to the inability to win a board seat, Liu Luanxiong did not give in, and Michael Kadoorie "hit" the Hong Kong Takeover and Merger Committee from the shareholders' meeting, making a lot of trouble. In the end, the Kadoorie family funded the acquisition of the stake, and Liu Luanxiong withdrew after benefiting HK$136 million.
The fourth "sniper" saga took place in 2007-2008. It is rumored that on December 31, 2007, on the night of the New Year's party, Liu Luanxiong once told his friends that "the stock should be sold, and now it is sold, and the only risk is to make less money." In the first half of 2008, Liu Luanxiong had been reducing his holdings until lehman Brothers went bankrupt, and his stock had almost been liquidated and turned to a large amount of cash. After that, all the stocks involved in Liu Luanxiong will surely rise sharply.
While Hong Kong's business is booming, since 1998, the Liu brothers have begun to invest in mainland real estate on a large scale, with projects in more than 10 cities and a cumulative investment of more than 20 billion yuan.
In 2014, Liu Luanxiong resigned as chairman and executive chairman of China Real Estate Company. In 2017, Huaren Land announced that the Board of Directors had been informed by Liu Mingwei, a non-executive director and chairman of the Company, and Chen Kaiyun (Gambi), an executive director, that on 1 March 2017, the discretionary trust established by Liu Luanxiong was assigned to a number of eligible beneficiaries, with Liu Mingwei and Gambi (as guardians of their minor children Liu Zhongxue and Liu Xiuhua) indirectly holding 24.97% and 50.02% of the Company respectively.
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