He comes from a poor family, not a wealthy family. He has always regarded the teacher as his idol since he was a child. He has read many of the teacher's books and used them. With his own efforts, he started from scratch and successfully controlled the financial industry in Hong Kong, regulating and suppressing it. Housing prices provide a place for everyone. He kept a clean mind and did not forget his duties during his several years abroad. He rejected the invitation from Citibank of the United States, just for his own dream. He even lost a lot of money himself to protect the appearance of his motherland. Without him, we have no idea what Hong Kong’s financial world would be like. What kind of experience has he had in this life?
Today I will take you to learn about this Hong Kong "God of Wealth" - Liang Jinsong
Liang Jinsong was born in a poor family in 1952. There were nine brothers and sisters in the family. Facing such a huge family, his father did not dare at all. Stop working, wherever there is a part-time job, there is his father.
With such a family background, Liang Jinsong seemed to have woken up very late. He had always been idle, not doing his job, and unwilling to study. The Ying Hua College he attended was a well-known and prestigious middle school. At that time, he was almost ordered to drop out of school or repeat a grade because he was too playful and his grades were not satisfactory. But his teacher Chen Yaonan thought the child was very smart and was unwilling to give up, so he tried his best to protect him.
Maybe he was moved by the teacher, maybe he saw his father working hard for the family, and Liang Jinsong woke up. He regarded University of Hong Kong as his goal, although many people were not optimistic about him at the time. In the following days, you could see him reading a book no matter where he was. He was not allowed to study all night in his dormitory, so he went to the school cafeteria to study hard all night to make up for the homework he had missed.
Finally, when it was time for the college entrance examination, Liang Jinsong successfully entered the University of Hong Kong as a liberal arts champion, majoring in economics and statistics. It's not too late to make amends. He did not disappoint his father, nor did he live up to the expectations of his teacher Chen Yaonan, who had tried to protect him.
When he arrived at university, Liang Jinsong, who had already developed good study habits, worked hard to improve himself. By chance, he read a teacher's work and became fascinated by it. He regarded the teacher as his lifelong idol. He was the president of the Hong Kong University Students Association. During this period, he showed his strong organizational skills and organized and advocated the "Root Search Movement". He knew there was more to his future than this. With his excellent results, he was recommended to participate in the overseas school tour organized by Hyundai Zhenghe Dong Haoyun . This activity mainly takes students to visit campuses in various developed countries to learn their class methods. It is also this activity that expanded Liang Jinsong's His vision, from a small place like Hong Kong to the whole world, has a great influence on his subsequent development.
successfully interned at Citibank in the United States after graduating from the University of Hong Kong. He was one of the first batch of local Hong Kong students to intern at Citibank. During the internship, his outstanding talents quickly helped him to be assigned to Philippines foreign exchange trading training, and later became the founder of Hong Kong's foreign exchange trading.
"Bold and careful, dare to speak and act, and have a sense of smell that is beyond ordinary people" allowed him to succeed in foreign exchange trading and become the famous "Victorious General". Liang Jinsong has created considerable benefits for Citibank and is also a key training target of Huaqi Bank. (I would like to say something here. A few years later, I wonder if Huaqi regretted training Liang Jinsong.)
In 1982, he was sent to Harvard University to complete the management development course. After graduation, he was sent to work as a bank manager in developed cities such as New York, , Singapore, and . At the same time, he also accumulated a lot of experience and connections, and he also gained a place in the financial world. When many people talk about Liang Jinsong, they praise him very much.
In 1992, Liang Jinsong was promoted to the president of Citibank Hong Kong. This time, countless Hong Kong and Chinese people were proud of him and returned home in glory.He has not forgotten his motherland. He often gives free lectures to the Chinese people, has trained many talents in finance, and has been working hard for China's foreign exchanges. In 1996, Citibank invited him to New York to serve as vice chairman of Citibank's head office, offering an annual salary of 23 million million on the condition that he immigrate to the United States. Liang Jinsong refused without any hesitation. He also knew that he might not be able to continue working at Citibank if he refused, so he resigned calmly. This time when he resigned, various banks launched a recruitment war. After some selection, Liang Jinsong joined Chase Bank of the United States as the managing director of Greater China and the Philippines.
Later, the patriotic Liang Jinsong accepted the invitation of Hong Kong government to serve as the Secretary for Finance, resigned from Chase, and began to enter politics. The annual salary is only HK$2.5 million, which is far from what and Citigroup offered before. Liang Jinsong didn't care at all and said, "The money a person spends is limited. I believe in one sentence, the money you earn is not yours, the money you spend is yours. The money a person spends will not be a lot, so the money is never mine." considerations.” However, many people know that this is entirely due to his strong patriotic feelings.
During Liang Jinsong's tenure at that time, it was the aftermath of the Asian financial crisis in 1997, and he was faced with two major problems: a fiscal deficit of HK$70 billion and negative assets. To this end, he carried out a series of drastic reforms, increased a series of taxes, reduced the salaries of civil servants, and cut most public expenditures, ultimately bringing 3 trillion yuan in fiscal revenue to Hong Kong. Because he was ordered to save Hong Kong's finance during the crisis. He was named "one of the top ten influential figures in global finance in 2001" by " fortune " magazine. He also said that Hong Kong is not dead and is still the most important financial center in Asia.
At the same time in 2001, Liang Jinsong met Fu Mingxia at an event she was invited to. Sometimes relationships are wonderful. When the "Working Emperor" meets the "Diving Queen", what sparks of love will arise?
After they met, the two fell in love with each other. At that time, Fu Mingxia was studying in the Department of Economics and Management of Tsinghua University after retiring. Liang Jinsong often made time to visit her secretly, and their relationship quickly warmed up. When Fu Mingxia told her parents about her affairs, she encountered strong opposition because Liang Jinsong was only two years younger than his father. Faced with this long-lasting "year-old love", Fu Mingxia's parents were still moved by their feelings.
A year after they met in 2002, the two got married. In this year, Fu Mingxia was 24 years old and Liang Jinsong was 50 years old. They later gave birth to two sons and a daughter, forming a happy family. The good times of
did not last long. In 2003, Liang Jinsong released a new "Financial Budget" that added many taxes. Under multiple heavy taxes, the people of Hong Kong were extremely dissatisfied. On March 9, a Hong Kong newspaper reported that Liang Jinsong purchased a car before announcing that he would join the first registration tax. He was suspected of tax avoidance and power-seeking for personal gain, and may be subject to legal action.
As soon as the news came out, Hong Kong citizens were in an uproar and wanted an explanation. On the same day, Liang Jinsong publicly explained: "I admit the fact of buying a car, but my daughter is about to be born, and I need to change to a private car that can install a baby chair." “I was negligent and did not consider avoiding suspicion, so I would like to apologize to the public. "But this did not restore the impression among the people at all, and repeated apologies could not quell the grievances.
In July 2003, Liang Jinsong ended his political career because of a car. After that, Liang Jinsong was very depressed and did not have the courage to go out to find a job. , he did not have a full-time job for three and a half years. However, during this period, his father-in-law, who had been very difficult with him, kept encouraging him and took him to play poker. The smart Liang Jinsong soon learned how to use psychology and cards to play together. Then his father-in-law taught him the philosophical truth: "Life is like playing poker. You will encounter good and bad cards, but you have to learn how to play the bad cards well and beautifully." ”
In 2007, Liang Jinsong returned to the business world and joined , the largest listed investment management company in the United States, Blackstone Group as chairman of Greater China.Not long after taking office, he persuaded China Investment Co., Ltd. , which was under preparation at the time, to subscribe for shares of Blackstone Group at a cost of more than 3 billion. It can be said that at that time, only he could bring the two companies together.
During the financial crisis in 2008, stock markets in various countries plummeted. Blackstone 's stock price once plummeted to US$2 per share, and Liang Jinsong also became an Alexander. But his idea was that the global stock market was not having a good time. By 2014, the global economy slowly recovered and Blackstone Group's shares returned to their original state. Liang Jinsong breathed a sigh of relief, and then resigned to join the Hong Kong consortium Nan Fung Group as CEO.
In 2016, he established an education group that brought together most education experts to discuss how to reform and improve Hong Kong education.
In 2018, Liang Jinsong and Wu Qinan jointly founded New Frontier Company and conducted their first public recruitment on the New York Stock Exchange. Because New Frontier is an "acquisition company" with no assets and only cash. After going public, it looks for some fast-growing unlisted companies to merge with, and then raises funds to go public.
The following year, in 2019, it merged with and United Family Healthcare Group and changed its name to "New Frontier Medical Group". It is currently the largest private medical service institution listed in China. Since Liang Jinsong has been paying attention to the medical industry for a long time, he has previously invested in the Southwest Rehabilitation Hospital and Chengdu Gulian Rehabilitation Hospital. And he himself has always dedicated his motto " to do charity, love mercy, and have a humble heart."
Until now, Liang Jinsong's figure is still wandering through the crowd, not wasting a minute or a second, and you can still see news about him from time to time. For Liang Jinsong, he has had a clear conscience throughout his life, protected the country's appearance, and adhered to his own bottom line. Of course, there are times when he makes mistakes, but no one is a saint, so who can make mistakes? Just giving up Citi's high salary and returning to China for construction is enough to prove Liang Jinsong's quality. When
asked him what setbacks he had in life, he replied calmly: "Yes, many, and I have forgotten them." Yes, after a series of storms and waves, I have long since looked away, and the ordinary is the real thing.
