Li Ka-shing is a legendary businessman in China, and Li Ka-shing has been the richest man in China for fifteen years. In 1950s, he accumulated his first fortune by establishing a plastic factory. After several classic mergers and acquisitions, it entered the real estate industry strongly, and it was out of control from then on.
Li Ka-shing has always had two sons. The eldest son is a low-key person and inherited his family business in his thirties. The second son, Li Zekai, is high-profile and does things in an eclectic way. Li Zekai was once called? Little Superman? Because of his several commercial operations, he has achieved amazing returns and has been recognized by everyone.
Li Zekai studied at Stanford University and went home to work in his father's company after graduation. In the early 1990s, he got venture capital from Li Ka-shing, invested in satellite TV industry, and strived to cover the whole Southeast Asia with satellite TV business. After hard work, the company's valuation continued to climb, and only two years later it was acquired by Murdoch for $950 million. It is this kind of investment performance that completely surprised the world. Little Superman? The title also spread.
Under the general trend generally recognized by all, Li Zekai quickly established the Pacific Century Development Group and invested in real estate in famous cities around the world. It wasn't long before the company went public in Singapore. This makes Li Zekai can be said to have unlimited scenery and fame and fortune.
However, although Li Zekai has made great achievements in business operation, he still can't compare with Li Ka-shing. Li Zekai pays more attention to immediate interests, pays attention to the concept of speculation, collects money quickly and leaves decisively. For example, in his days of our lives, did Li Zekai ever speculate? Cyberport? Concept, but the plan is full of hype, but the result is to take the opportunity to get land and continue to do real estate.
In addition, Li Zekai also invested in Tencent. At that time, Tencent was just established and growing. According to reports, Li Zekai invested in this enterprise that he is more optimistic about. At that time, his assets had exceeded HK$ 1000 billion, so he didn't pay much attention to this enterprise. Even during the internet bubble, 20% was thrown away. This investment has earned Li Zekai several times the profit, so it is still a very successful investment for him. However, Tencent is already one of the top ten Internet companies in the world. According to Li Zekai's shareholding ratio at that time, the current valuation is 600 billion Hong Kong dollars.
It can be seen that Li Zekai is still impatient in investment, pursuing short-term investment and accepting it as soon as possible. On the other hand, in analyzing the long-term benefits, Li Zekai is not as sharp-eyed as his father Li Ka-shing, so he needs to practice if he wants to surpass Li Ka-shing's achievements.