Traditional Culture Encyclopedia - Hotel reservation - Does anyone have detailed information about Li Jiacheng?
Does anyone have detailed information about Li Jiacheng?
Li Ka-shing leads Cheung Kong Holdings, Hutchison Whampoa Group, Hong Kong Electric, Cheung Kong Infrastructure and other group companies. He is the richest Chinese man in the world and the most successful Chinese entrepreneur in the world. He joined the business world at the age of fourteen and officially started his own business at the age of 22. The half-century of struggle has always been based on the theme of "transcendence": starting from transcending the ordinary; working hard to surpass the opponent; reaching the peak, surpassing the peak; realizing oneself and surpassing oneself, so the world calls it For "Superman". Li Ka-shing is not only an entrepreneurial elite and business giant, but he has also acquired many companies on his entrepreneurial development journey. It can be said that Li's entrepreneurial path is a path of mergers and acquisitions. His entrepreneurship and growth are inseparable from mergers and acquisitions of other companies. Li Ka-shing's M&A journey has attracted the attention of the world as much as his life and entrepreneurial experiences.
Hard work and successful entrepreneurial experience
On July 29, 1928, Mr. Li Ka-shing was born in Chaoan County, Chaozhou, Guangdong Province. In 1940, he settled in Hong Kong with his parents. His father passed away in the winter of 1943, and the young Li Ka-shing began his life as an apprentice, worker, and salesman in a plastics factory. In 1948, at the age of 20, he began to work as the business manager and general manager of a plastics factory in San Po Kong. In 1950, the Yangtze River Plastic Factory was founded in Shau Kei Wan. In 1957, Changjiang Industrial Co., Ltd. was founded in North Point to develop the production of plastic flowers and toys. In 1958 and 1960, two industrial buildings were built in North Point and Chai Wan. On September 31, 1972, Li Ka-shing founded Cheung Kong Holdings Co., Ltd. On November 1, "Cheung Kong" stocks were listed on the Hong Kong Stock Exchange, the Far East Exchange, and the Gold and Silver Stock Exchange, and successively in London (1973) ), Vancouver, Canada (June 1974) was listed on the market. In May 1974, it jointly formed Qiadong Finance Co., Ltd. with the Canadian Imperial Bank of Commerce.
On May 15, 1985, Li Ka-shing became the non-executive vice chairman of the board of directors of HSBC Bank. In 1986, Cheung Kong Group ranked among the top ten richest financial groups in Hong Kong. The listed value of Li Ka-shing's four major companies accounted for 13.57% of the total listed value in Hong Kong. On April 7, 1990, the "AsiaSat-1" jointly invested by Li Ka-shing's "Hutchison", "CITIC" and the British Cable and Telegraph Company was successfully launched into the sky over Southeast Asia by China's "Long March 3" carrier rocket synchronized orbit. By 1991, the "Cheung Kong" consortium had developed into a multinational diversified enterprise group with important international status and great influence, with assets of more than 120 billion Hong Kong dollars, an increase of two and a half times compared with 1986.
"Superman" reputation and M&A experience
Dominating the Yangtze River and spanning overseas, the magical name Li Ka-shing has become synonymous with 'success' and 'miracle' today: he leads the Yangtze River There are four listed companies, namely Industrial, Hutchison Whampoa Group, Hong Kong Electric and Cheung Kong Infrastructure. Their businesses cover various industries, such as real estate, port freight, supermarkets, infrastructure, telecommunications, hotels, insurance, cement, electricity, network, etc., forming a A multinational corporate empire with assets exceeding one trillion. Li Ka-shing himself also ranked 10th on the world's richest list, becoming one of the most outstanding Chinese entrepreneurs in history. All this earned him the reputation of 'Superman'.
Throughout Li Ka-shing's legendary business career, his most successful aspect is his ability to assess situations and strategize. Li Ka-shing joined the business world at the age of fourteen and officially started his own business at the age of 22. The theme of his half-century struggle is "transcendence": starting from transcending the ordinary; working hard to surpass the opponent; reaching the peak, surpassing the peak; realizing oneself and surpassing oneself, so people call it It's called "Superman".
The development and growth of its enterprises is related to its mergers and acquisitions of other companies. In April 1974, it successfully acquired the US-owned Evergreen Company, took over the operation of the Hilton Hotel in Hong Kong and the Hyatt Hotel in Bali, Indonesia, and successively purchased the Haw Par Villa and many other lands and properties. On September 5, 1978, Li Ka-shing took over 90 million shares of "Whampoa" company from HSBC. In the same year, he also acquired the British-owned Qingzhou Yingni Co., Ltd. and became the chairman of the company's board of directors.
In July 1979, "Cheung Kong" and the Chinese-owned Qiaoguang Company jointly formed Yibin Real Estate Co., Ltd., obtained the development rights for the roof of the Shatin Railway Maintenance Station, and established the China (Hong Kong) Cement Plant (put into operation in 1982). On September 25 of that year, "Cheung Kong" won the controlling stake in Hutchison Whampoa Company, and became the executive director of "Hutchison" on October 15. On January 1, 1981, Li Ka-shing became chairman of the board of directors of Hutchison Whampoa. In 1997, it joined forces with "Shougang" to acquire Hong Kong Dongrong Steel Group Co., Ltd., acquired seven large hotels including the Great Wall Hotel in Beijing, and owned 51% of the equity. In 1985, it purchased the World Expo Commercial Center in Vancouver, Canada, and spent tens of billions of Hong Kong dollars to build a large-scale commercial and residential complex.
Through continuous development and growth, Li Ka-shing's "Cheung Kong" Group and its subsidiaries have now developed into a leading real estate, international container terminal industry and investment development company in Hong Kong and the world. Group companies. The market value has exceeded HK$270 billion. The business scope includes real estate development, finance, trade, container terminals, transportation, energy, electricity, communications, satellite broadcasting, hotel industry, retail industry, etc.
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