At the FiiPriority Asia Summit, Victoria HarbourInvestmentsCo-founderZhou Kaixuanrevealed aboutLi Ka-shingImportant information. AsLi Ka-shingYesDirectorZhou KaixuanwithLi Ka-shingHave a close personal relationship. He revealed,Li Ka-shingAs early as 2021, it arrivedEconomydownward trend and recommendedZhou KaixuanLetInvestmentsof companies are cash ready to meet the challenges of the next 36 months. Zhou Kaixuanpointed out that those who listenedLi Ka-shingThe companies that advised were getting through the storm, and those that didn't heed the advice are now in trouble. This experience makesZhou KaixuanDeeply feltLi Ka-shing's ability to predict is very accurate, and it also shows that he has a lot of money to deal withEconomyThe development continues to be optimistic.
Li Ka-shingActively lookingofInvestmentschance, which means that he still believes in ChinaEconomypotential. Since 2012,Li Ka-shingbegan to change the strategic direction, and successively achieved a large number of real estate properties, and obtained nearly 100 billion capital gains. It's worth noting that he didn't ** himself therePorts, retail, power and energyInvestments, but increased investment in these projects. This shows that he has a Chinese sideEconomyThe confidence in sustainable development also shows that his view of the outlook for the real estate industry has changed.
EvergrandeBossXu JiayinAfter last September**, it was in trouble. Xu JiayinThe past few years have been busy with new projectsFinancingto make up for the problems of old project liabilities to maintain the liquidity of funds. However, this strategy did not continue to be effective as a resultEvergrandeThere was a problem of broken funds, and the whole company fell into a state of spiral out of control. IfXu JiayinAble to likeLi Ka-shingIf you control your cash flow and debt ratio well, you may not be in such a predicament.
A similar situation arisesWang Jianlinbody. Wanda Commercial Management's more than 30 billionIPO financingThe VAM is about to expire, however the listing approval has not yet been obtained, andInvestmentsPeople don't want to postpone either. In order to maintain the company's cash flow,Wang JianlinHad to ** most of the Wanda filmsEquityand communicate with insurance companies** in some first- and second-tier citiesWanda Plazaof the plan. This series of measures shows that the situation has become very urgent, even ifWang Jianlinwere forced to give up the core assets that he had insisted onWanda Plaza
Xu JiayinWang Jianlinand a number of other second-tier real estate companies are facing difficulties. In contrast,Li Ka-shingBe wiser in terms of long-term layout. He cashed out in advance and created a financial advantage for himself. Li Ka-shingValuing cash flow and debt ratio, he has the opportunity to be in the case of abundant cashEconomyBefore the warm-up**. This is with many people hyped inThe ** strategy halfway up the mountain is very different. Li Ka-shingThe long-term layout and financial advantages enable him to be able toEconomyDownturn to look forInvestmentsopportunities for greater benefits.
Country GardenFounder Yang Guoqiang is also facing a dilemma. Country GardenIt is one of the leading enterprises in the mainland real estate industry, however, it has recently exploded financial problems. As with other real estate companies,Country GardenRapid expansion over the past few years, with sales almost doubling every year. However, this rapid sales growth is also accompanied by an increase in the size of debt. Country GardenThe debt is as high as 17 trillion, so that it is under tremendous pressure.
Over the past 20 years, mainland real estate giants have grown rapidly and dramatically expanded their companies, accumulating a number of problems. Coupled with the major adjustment of the market, the interaction of internal and external problems has led to the current predicament. Li Ka-shingHe has said that cash flow and debt ratio are the most important factors for him to do business. It is precisely because he cashed out in advance that he has the best financial advantage. In contrast, mainland real estate companies have generally lagged behind in managing cash flow and controlling liabilities, making them at the momentEconomyIt is more susceptible to being affected in a downward cycle.
To sum it up,Zhou KaixuanAt the FIIPRIORITY Asia Summit, a few things were revealed about:Li Ka-shingImportant information. He mentionedLi Ka-shingIn 2021 ** toEconomydownward trend and recommendedInvestmentsThe company has cash on hand. In addition,Li Ka-shingIt is still actively searchingofInvestmentsChance, show that he is on ChinaEconomyof continued optimism. At the same time,Xu JiayinWang Jianlinand Yang Guoqiang and other mainland real estate tycoons are facing a dilemma, withLi Ka-shingIn comparison, they are not as good as him in terms of cash flow and liability control. Li Ka-shingThe foresight and long-term layout enable him to cash out in advance and ** for him in the presentEconomyenvironment to get a bigger chance.