Li immigrants

After Li Ka-shing withdrew from China, the Li Ka-shing family invested more and more in Britain. Many people say that Li Ka-shing bought half of Britain, which is no exaggeration.

Li Ka-shing currently controls 30% of the natural gas market, a quarter of the electricity distribution market and about 5% of the water supply market in Britain. In addition, Li Ka-shing has three ports, 1 communication company, an airport, real estate and high-speed rail company in Britain. Li Ka-shing has invested nearly HK$ 400 billion in Britain in recent years.

Li Ka-shing has withdrawn a lot of assets from China, and most of its wealth is in Britain. At present, Europe's revenue has accounted for nearly 50% of Li Ka-shing Group, and only 30% is left in Greater China. Because Hong Kong was once a British colony, the elderly in Hong Kong have always had special feelings for Britain. Li Ka-shing was also knighted by the Queen of England in 2000.

However, we found an interesting thing, that is, Li Ka-shing chose Canadian citizenship instead of British citizenship. Li Ka-shing not only has Canadian citizenship, but also his two sons, Li Zeju and Li Zekai.

Why did Li Ka-shing choose Canada instead of Britain with huge assets in Li Ka-shing?

As early as 1980s, Li Ka-shing naturalized both his sons in Canada, because Canada is a very free country and allows multiple nationalities. It is also because of Canadian citizenship that the Li Ka-shing family can invest so much in Canada.

In addition to Britain, Canada is also a country where the Li Ka-shing family invested heavily. In the middle of last year, Li Ka-shing also quietly acquired Reliance Home Comfort, a well-known Canadian heater and air conditioner supplier, for 2.82 billion Canadian dollars. The Li Ka-shing family invested at least 30 billion Canadian dollars, equivalent to more than 23 billion dollars.

Li Ka-shing's March into Canada can be traced back to 1977. At this time, Li Ka-shing had just gained a foothold in Hongkong, and his Changjiang 1972 was successfully listed. 1977, Li Ka-shing bought the first batch of real estate in Canada, and five years later, he added 600 million yuan to buy the port hotel in Toronto, Canada. At the same time, it bought gold land in Canada for 3.2 billion yuan and entered Canadian real estate.

Li Ka-shing's most successful Canadian investment was his purchase of shares in Husky Energy Company in the late 1980s. At that time, he bought most shares of Husky Energy Company through his hutcheson Huimbo Company and himself, together with his eldest sons Li Zeju and CIBC, Canadian Imperial Commercial Bank.

It is worth mentioning that Imperial Commercial Bank of Canada also owns shares in Li Ka-shing, with Li Ka-shing holding about 9%. In fact, at that time, Husky Energy encountered difficulties in capital turnover mainly because of the periodicity of energy, and there was no accounting crisis in itself. Li Ka-shing acquired Husky Energy, which has been held ever since, and this investment only paid dividends, bringing back a return of $8 billion for Li Ka-shing. Today, a person in Li Ka-shing holds a 32% stake in Husky Energy, worth more than 654.38+000 billion dollars.

1998, Li Ka-shing joined hands with two other Hong Kong tycoons, Lee Shau Kee and Zheng Yutong, to establish Concord Pacific Company, and won the right to develop the former site of the Vancouver World Expo. The whole development plan lasted/kloc-0.5 to 20 years, and the investment reached/kloc-0.27 billion yuan. Li Ka-shing personally holds 50% of the shares in the whole project.

20 10 invested in Kobo, a Canadian e-book network, which is developing very fast and may challenge Amazon's dominance in the future. 2065438+In June 2006, Li Ka-shing entered the Canadian uranium mine and invested 60 million US dollars in NexGen Company.

Changjiang Infrastructure, one of Li Ka-shing's four flagships, invested in Stanley Power Company, which has six power plants in Canada.

Therefore, Canada's very good policies, coupled with Li Ka-shing's huge assets in Canada, finally contributed to the Li Ka-shing family's decision to immigrate to Canada. Well, the richest man in Canada should be Li Ka-shing.