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smart! Li Ka Shing close shop retire now! Before mother of all storms!

Shut Up you are Not MM

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https://www.cnbc.com/2018/03/16/li-ka-shing-asia-tycoon-billionaire-and-empire-builder-retires.html

Asia’s tycoon, billionaire and empire-builder Li Ka-shing retires
  • Billionaire Li Ka-shing announces his retirement from the business empire he built over nearly seven decades.
  • Li, 89, will be succeeded by his eldest son, Victor, who is deputy chairman of CK Hutchison and CK Asset.
Yen Nee Lee
Published 4 Hours Ago Updated 2 Hours Ago CNBC.com






















Confidence in Victor Li and whole CK Hutchison management: Li Ka-shing 15 Mins Ago | 02:24

Billionaire Li Ka-shing announced his retirement Friday from the business empire he built over nearly seven decades.

Li, 89, will step down as chairman of Hong Kong conglomerate CK Hutchison and property giant CK Asset after the annual general meeting on May 10, the tycoon said. He said he will continue to serve as senior advisor to the company.

"I would like to express my heart-felt appreciation to our shareholders for their unfailing confidence and support in the past years," Li said at a news conference in Hong Kong.

Li will be succeeded by his eldest son, Victor, who was named as "successor in principle" last year. The younger Li, 53, is currently the deputy chairman of CK Hutchison and CK Asset.

Li said he was confident in his son's ability to take charge, highlighting his many years of experience. He also told reporters he felt "grateful and blessed" that he was able to create CK Holdings, able to create wealth for shareholders and give back to society.


Emily Tan | CNBC
Hong Kong tycoon Li Ka-shing announced his retirement on March 16, 2018.
"Every detail has left a footprint in my heart. From now onwards, I'll take on the role of senior consultant, advisor, and put on my new armor and will put in all efforts into my funds management, especially health and medical," he added.

Speculation about Li's retirement emerged as early as last year when The Wall Street Journal reported that the businessman planned to step down in 2018.

In recent weeks, speculation has intensified because all of Li's companies were scheduled to report earnings on the same day — for the first time ever.



Li Ka-shing to remain a senior advisor at CK Hutchinson 3 Hours Ago | 04:27

Friday's announcement marks the end of a storied career that saw Li build from scratch a commercial empire that today touches almost every aspect of life in Hong Kong and beyond: telecommunications, property, shipping and retail.

The conglomerate now spans more than 50 countries and employs 300,000 people globally. Li's two companies have a combined market capitalization of more than $80 billion, according to Reuters data.

Li, with an estimated net worth of $35.3 billion, is the richest person in Hong Kong and the 23rd wealthiest individual in the world, according to Forbes.



https://tw.news.yahoo.com/小學畢業-白手起家成傳奇-90歲香港首富李嘉誠宣布退休-091237996.html


小學畢業、白手起家》89歲香港傳奇富豪李嘉誠宣布退休、傳位長子李澤鉅

風傳媒

2.2k 人追蹤
國際中心
2018年3月16日 下午5:12
e1256b0d545c2ded56e7da10cb920fcd

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長和系旗下4家公司,長和、長實集團、長江基建集團和電能實業於16日下午同時舉 行業績發佈會,當日均平穩收盤,電能實業漲3.26%,長和漲0.30%,長實集團漲 0.14%,長江基建漲0.53%。

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白手起家的香港富豪李嘉誠傳位給長子李澤鉅(美聯社)
白手起家的香港富豪李嘉誠傳位給長子李澤鉅(美聯社)

僅小學畢業的他是香港一代傳奇,白手起家、胼手胝足打造出現今市值約1兆港元(約新台幣3.8兆元)的商業帝國,並連續20年蟬聯《富比世》雜誌香港首富,他的退休也宣告了一個時代的落幕。

他在退休聲明寫道:「回望過去,本人由1950年創業開始,1972年長江實業(集團)有限公司上市,於過去68年間,一直帶領長江集團穩步發展,經內部增長及收購合併,積極拓展業務及收益多元化與全球化,並適時作策略性檢視以及重組,盡心盡力為股東爭取最佳利益及回報增值,本人衷心感謝各股東多年來對本人的支持及信任。」



長實地產通過易名長江實業: 長實地產(01113)周四召開股東特別大會正式通過決議易名為「長江實業集團(CK Asset)」,長實副主席兼董事總經理李澤鉅在會後形容,今次實際上是「正名」。 https://t.co/jTHd05RY3y -東方 pic.twitter.com/OEtobnyRz0

— squarefeet (@squarefeethk) 2017年8月25日
李嘉誠長子李澤鉅接掌父親的商業帝國

李嘉誠早在幾年前就開始規劃淡出長和系,但一直沒有明確的退休時間。《華爾街日報》( Wall Street Journal)去年6月曾報導,李嘉誠已向身邊夥伴和李澤鉅透露,計劃在90歲生日前夕、即今年7月前退休,並由長子李澤鉅接棒。今年1月,李嘉誠被問及何時退休,他說若退休會對外宣布,但他不敢講是否今年言退,只稱身體仍「過得去」。

白手起家 打造市值1兆港元的商業帝國
1928年7月29日,李嘉誠出生在中國廣東潮洲市的貧窮家庭,1940年代隨父母逃難到香港,曾做過手錶修理員與銷售員、玩具推銷員,1950年,他在香港以7千美元成立長江塑膠廠,製造塑膠花外銷歐美。他曾說最初10年每星期都要工作7天,每天16小時,晚上還要自我進修,加上人手不夠,自己身兼買貨、接單等工作,經常睡眠不足,早上必須以2個鬧鐘起床,「可說是每天最難過的時刻」。

李嘉誠的長江塑膠廠在1958年的營業額達到1千萬港幣,成為「塑膠花大王」,隨即轉型投資房地產,1971年成立長江實業。由於李嘉誠在股市、房市兩得意,因此開始快速累積財富。1979年,長江實業實業宣布向香港上海滙豐銀行購入英資第二大洋行、市值約60億港元的和記黃埔22.4%股權,其後逐步增持,最後成功控制和記黃埔。

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白手起家的香港富豪李嘉誠(美聯社)
白手起家的香港富豪李嘉誠(美聯社)

香港人:我們一輩子只是給李嘉誠打工
1987年,李嘉誠首次登上《富比世》富豪排行榜。1989年,中國發生六四天安門事件,當時外資大舉撤資,李嘉誠反而大舉進軍中國市場,成為了香港在中國的最大投資者。後來李嘉誠把中國的投資項目組成長江基建,在中國的能源建設佔有重要份量。不少香港人曾感嘆他們一輩子為李嘉誠打工,因為除了住的房屋是李嘉誠蓋的,港人到超市購物、用的手機也大多與李嘉誠脫不了關係。

李嘉誠被譽為「超人」,白手起家的他生活簡單,鍾情平價手錶,時間觀念重。手錶永遠調快半小時。他周末不會進辦公室,每天都要打高爾夫球。他呼籲年輕人不要期待有個富爸爸,而是要有獨立思考的能力,並運用想像力,把現實、數據、資訊組合成新資訊。



李嘉誠退休聲明全文:

回望過去,本人由1950年創業開始,1972年長江實業(集團)有限公司上市,於過去68年間,一直帶領長江集團穩步發展,經內部增長及收購合併,積極拓展業務及收益多元化與全球化,並適時作策略性檢視以及重組,盡心盡力為股東爭取最佳利益及回報增值,本人衷心感謝各股東多年來對本人的支持及信任。

往後應董事會要求,本人同意出任公司資深顧問,冀為集團繼續作出貢獻,就重大事項提供意見。

董事會亦建議並推選於長江集團與本人並肩服務33年之李澤鉅先生出任公司主席,並續任董事總經理,而一衆高層行政人員全體將繼續與李澤鉅先生共同推動集團邁向嶄新業務里程。本人希望各股東能對李澤鉅先生的領導繼續給予全力支持。集團對前景充滿信心。

處身充滿競爭及挑戰的全球化年代,具智慧、創意澎湃、經驗豐富及勤奮忠誠的員工,是集團最寶貴的資産。謹藉此機會,對董事會同仁及本集團各部門忠心員工年內之勤奮工作、忠誠服務及貢獻,深表謝意。

主席

李嘉誠

香港,2018年3月16日

相關報導
華爾街日報稱李嘉誠最快年內交棒 長和回應:李先生目前沒有退休時間表
回歸19年》政經崩壞中 加速中國化 香港沒有兩制,只剩一國
 

Shut Up you are Not MM

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黄飞鸿收档!


李嘉誠於業績報告宣布退任主席及執董 出任資深顧問
香港電台-港聞
2.1k 人追蹤
2018年3月16日 下午4:44
8dd9e7fe102155b3e65fbb398ea8ac67

李嘉誠於業績報告宣布退任主席及執董。(港台圖片)
長江實業主席李嘉誠在業績在報告中指,決定在應屆股東週年大會後,退下公司主席之位,並辭任執行董事," data-reactid="22">長江實業主席李嘉誠在業績在報告中指,決定在應屆股東週年大會後,退下公司主席之位,並辭任執行董事,

李嘉誠表示,應長和董事會要求,同意出任公司資深顧問,為集團繼續作出貢獻,就重大事項提供意見。" data-reactid="23">李嘉誠表示,應長和董事會要求,同意出任公司資深顧問,為集團繼續作出貢獻,就重大事項提供意見。

另外,長和及長實董事會建議推選李澤鉅出任兩間公司主席。" data-reactid="24">另外,長和及長實董事會建議推選李澤鉅出任兩間公司主席。

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Shut Up you are Not MM

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https://hk.news.yahoo.com/長和集團主席李嘉誠宣布退休-084119767.html

長和集團主席李嘉誠宣布退休

on.cc 東網

4.1k 人追蹤
2018年3月16日 下午4:41
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【on.cc東網專訊】於今年7月年滿90歲的李嘉誠宣布退休,正式辭任長江和記實業(00001)及長江實業集團(01113)主席,由長子李澤鉅接任,李嘉誠轉任公司資深顧問。

">

李嘉誠將於2018年5月10日舉行的股東周年大會結束後,退任主席、執行董事及薪酬委員會成員職務。應董事會要求,李嘉誠已同意出任資深顧問,繼續為集團作出貢獻,就重大事項提供意見,其顧問金為每年5000港元,與現時收取的董事袍金相同。

">

李嘉誠在長和系業績會上提到,多年來盡力創造價值,回饋股東,只領取5000元的月薪,又笑說,自己一晚應酬已值5000元。面對被人說走資問題,他表示,集團是在外國賺錢,而錢是回流香港,錢又是永永遠遠屬於公司。自己只是知名度高,被人說是走資,強調要賣掉股票,才會拿到錢,才是走資。

">

李嘉誠又指,不敢評論樓價目前是否見頂,樓價在過去兩年升了一倍。現時樓價與一般市民收入脫節,香港尤其需要更多公屋居屋。不過他指現時買樓自住絕對無問題,只要分期付款能負擔得起即可,未來風險是加息,但預期「加得唔多」,加2至3厘是不緊要的。

">

長和(00001)公布,截至去年12月底止全年,普通股股東應佔溢利351億元,按年升6%;派末期息2.07元。

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thugnology

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And he advised people not buy the HDB pigeon holes! Dump GFs who demands house for marriage!

http://www.sohu.com/a/225714748_100001551

李嘉诚:年轻人不可能很年轻就买房 不要把房子看太重
2018-03-16 17:48
ea62015b6c3c4647ac8c03e9b98b4816.jpeg


3月16日下午,长江和记实业有限公司公告称,董事会宣布,李嘉诚将于2018年5月10日举行之本公司股东周年大会结束后,退任本公司主席、执行董事及薪酬委员会成员之职务。

同一时间,在长和集团2017年业绩发布会上,李嘉诚与媒体进行了交流。

临近结束时,在回答记者追问”要不要买房“时,李嘉诚表示“不能把买房看得太重要”。“不可能很年轻就买房“,李嘉诚说,“如果女孩子说没有房就不结婚,那如果是我我就会说,不如趁年轻你再找一个吧。”返回搜狐,查看更多


Li Ka-shing: Young people can't buy a house when they are young and don’t over state importance of houses
2018-03-16 17:48

On the afternoon of March 16, Changjiang Heji Industrial Co., Ltd. announced that the board of directors announced that Li Ka-shing will resign from the post of chairman of the company, executive director and member of the remuneration committee after the company's annual general meeting to be held on May 10, 2018. .

At the same time, Li Ka-shing exchanged views with the media at the Changhe Group's 2017 performance announcement.

Near the end of the interview, Li Ka-shing stated that "it is impossible to regard buying a house as too important" when answering a reporter's question "Do you want to buy a house?" "I can't buy a house when I'm young," Li Ka-shing said. "If girls say they don't have a room and they don't get married, then if it's me I'll say it better to be younger and you're looking for another one." Return to Sohu, see more
 

ToaPehGong

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Sounds like someone who leaves but still wants to retain power. Why don't he just call himself the Mentor Chairman. Sounds familiar? Long Live PAP
 

Froggy

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Moderator
Generous Asset
Title of this thread thread is misleading. There’s no sell offs all remained the same.
 

CoffeeAhSoh

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just heard that Sir Li K S will be spending more time at his Tse Shan Monastery.

hope he surpasses the record if 105 set by Sir Run Run Shaw.
 

myfoot123

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His younger son is a well-known play boy who has fucked many celebrities, probably from different nationality.
 
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