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Li Ka-shing is selling real estate, why buy it? Wang Shi said, be careful!
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Recently, Li Ka-shing, the richest man in Hong Kong, sold assets of HK$ 465.438 billion, which caused a heated discussion. In this regard, Wang Shi, Chairman of Vanke's Board of Directors, said in Weibo that "the shrewd Mr. Li Ka-shing is selling real estate in Beijing (editor's note: it should be Guangzhou) and Shanghai. This is the signal, be careful! "
Over the past month or so, Li Ka-shing's Cheung Kong Industries and Hutchison Whampoa have successively announced or will soon sell Baijia Supermarket, OFC office building of Shanghai Lujiazui Oriental Huidu Center and Guangzhou Xicheng Duhui Plaza and parking lot, involving an amount of about HK$ 4 1 100 million.
With the outbreak of the global financial crisis, Li Ka-shing's Changhe Department has been expanding M&A business in Europe. In the first half of 20 13 alone, four overseas mergers and acquisitions were completed, costing HK$ 24.87 billion. The British media even claimed that Li Ka-shing would buy "the whole Britain".
It is reported that Li Ka-shing's intention of "abandoning Hong Kong for Europe" is becoming more and more obvious. Li Ka-shing's recent projects to reduce its holdings of Chinese capital have attracted a lot of speculation, and rumors of "fleeing Hong Kong and settling overseas" have appeared frequently.
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