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How did Lee Shau Kee get rich again with Yongtai Jianye Co., Ltd.?
1972 Lee Shau Kee resigned as the general manager of Sun Hung Kai and only remained as the vice chairman. After the separation of Sanjian, Lee Shau Kee got land and property worth about 50 million yuan. At the end of this year, he set up Yongtai Jianye Co., Ltd. with these possessions and Hu Baoxing.
At the beginning of the company's establishment, when the stock market was turned upside down, Lee Shau Kee struck the iron while it was hot, raised the price to 1 yuan and 1.7 yuan per share, paid in the share capital of Yongtai Jianye Company at a price of HK$ 25.324 million, and cashed in the shares, making a fortune.
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