Li Ka-shing, the richest man in China, famously said, "Knowledge changes fate."
Wealth:11900 million dollars.
Famous saying: "knowledge changes fate"
Resume: 1928 was born in Chaozhou, Guangdong, and his father is a primary school principal. 1940, the whole family fled to Hong Kong to escape the oppression of the Japanese invaders. Two years later, my father died of illness. Li Ka-shing was forced to drop out of school to make a living. 1950, Li Ka-shing, who was only 22 years old, founded Changjiang Plastic Factory in Shau Kei Wan. From 65438 to 0958, Li Ka-shing began to invest in the real estate market. Changjiang Industry 1972 went public, and its shares were oversubscribed by 65 times. 1979, Changjiang acquired hutcheson Huimbo, an old British enterprise. 1984, "Changjiang" bought the controlling stake of "Hongkong Electric Company". 1In the mid-1960s, Hong Kong's real estate industry fell into a trough, and Li Ka-shing boldly invested in real estate. 1979 acquired Hutchison whampoa and entered the port transportation industry. By 1995+02, the total market value of the three listed companies of Cheung Kong Industrial Group has exceeded 42 billion US dollars.
In 2003-2004, Li Ka-shing was unlucky, even in Li Ka-shing's face, he often looked as cold as ice.
More than three months ago, on March 1 1 day, 2004, Tom Online (HK 8282) fell below the issue price on the first day of listing on the Hong Kong Stock Exchange. The purchase price of TOM Online was HK$ 1.5, which closed at HK$ 1.4 on the first day, down 6.7%.
Is it really impossible to repeat the scene of buying Li Ka-shing-related stocks in long queues and empty lanes?
On March 16, Li Ka-shing's other listed company, Zhonglian System (HK 0757), closed at HK$ 0.630, which was 30% lower than the issue price of HK$ 0.90, and hundreds of retail investors and institutional investors suffered a heavy blow.
At the beginning of the year, Hutchison Whampoa injected Hong Kong's fixed-line business into Zhonglian System, which issued new shares worth HK$ 3.9 billion and convertible bonds worth HK$ 3.2 billion to pay for the acquisition, making Li Ka-shing's enterprise groups profit HK$ 654.38+03 billion. This move caused great controversy. 65438+1On October 30th, David Weber, director of HKEx, a member of the shareholders' equity group and the merger and reorganization group of CSRC, severely criticized the transaction, saying that it exposed the loopholes in the current listing rules.
What the hell happened to Superman? All-powerful Li Ka-shing has always been an irreplaceable idol in the eyes of Chinese people all over the world.
In the 1960s, Superman entered Hong Kong real estate and made huge profits for 30 years. 196, Hutchison Whampoa, which is controlled by Li Xicheng, invested in the UK, established the telecommunications company ORANGE and went public, with a total investment of HK$ 8.4 billion. Subsequently, ORANGE became the third mobile phone operator in Britain under the operation of Superman. Later, Hutchison Whampoa decided to split up and go public, and gained a special income of HK$ 465.438 billion, and recovered more than half of the initial investment. 1999, at the cost of11300 million Hong Kong dollars, sold more than 40% of the shares of ORANGE to Deutsche Telekom Consortium, and exchanged shares with the consortium, successfully entered the Deutsche Telekom Consortium and became the largest shareholder with single shareholding. In this transaction, Li Xicheng's cost is almost zero, and the return is over HK$ 654.38 billion in cash and a lot of equity.
The last time was at the end of 2003, when China Life went public, Superman earned 654.38+02 billion in six days.
But only a few months later, the controversy about Superman began to appear widely.
From a poor boy to the "king of plastic flowers", from a real estate tycoon to a white knight to save the city, from a "superman" to a leader of the new economy, from a management master to a leader of high-tech media, where will the world famous city Li Ka-shing go next?