Li Ka-shing sold 50 billion assets in Beijing and Shanghai. What is the secret?

In addition to selling 50 billion assets in Beijing and Shanghai recently, Li Ka-shing has also sold a lot of commercial assets in the mainland in recent years. It is precisely because he saw the downturn of domestic commercial real estate that he had better cash out as soon as possible. Besides, Li Ka-shing not only sold commercial real estate, but also invested in the retail industry in China after realizing it. Therefore, it is not to withdraw from the mainland market, but to adjust the business structure.

More importantly, Li Ka-shing is over 90 years old, and he wants to divide his wealth clearly. Li Zekai, the youngest son, is engaged in investment business in Europe and America, and Li Zeju, the eldest son, is engaged in investment business in Hongkong and the Mainland, so that after the wealth division is completed, Li Ka-shing can really retire with peace of mind and enjoy his old age.

Extended data

Li Ka-shing has been selling mainland real estate in recent years.

Recently, Li Ka-shing plans to sell two real estate projects in Beijing and Shanghai, which has aroused great concern from the outside world. Li Ka-shing's family business, Changjiang Industrial Group, plans to sell a mixed commercial and residential project in the northeast of Beijing. Chinese mainland real estate company Sunac China intends to become the buyer of this project. Cheung Kong bought this land for 700 million yuan 20 years ago. In addition, there are noble field projects in Putuo District of Shanghai, which will also be packaged and sold together with this time. The project area of your complex is 6.5438+200,000 square meters.

Previously, Changjiang Industrial just sold the "Chengnan Duhui" project in Chengdu, Sichuan Province to Cosmos Group and Chengdu Ruizhuo Real Estate, with a profit of HK$ 386,438+0.1billion. In June 5438+last year 10, Changjiang Industrial also sold a development project in Xigang District of Dalian for 4 billion yuan, and Sunac China bought the land of the project. 20 1 1 Cheung Kong Industrial acquired the land development right of Dalian only at the price of1900 million yuan.

In recent years, Li Ka-shing has frequently sold real estate in Chinese mainland, which has caused some media criticism. There are rumors that Cheung Kong will withdraw from China, and Li Ka-shing's office also issued a three-page statement to deny it.

In fact, the domestic media have two major complaints about Li Ka-shing: on the one hand, Li Ka-shing bought a lot of land in the mainland before, but it was not developed at all. It was left for many years, waiting for the land price to rise, and it was too easy to make money. On the other hand, the trend of Li Ka-shing moving from Asia to Europe is obvious, and it has transferred 300 billion US dollars of assets to Europe, especially investing in infrastructure construction in Britain, and bought almost half of the public facilities in Britain, causing some people's dissatisfaction.