A major event happened in the Vietnamese business world. Vietnamese Chinese The richest female Zhang Meilan was arrested. She is the chairman of Wanshengfa Group. This incident had no effect on the Chinese market, but in connection with something that happened some time ago, many people suddenly became nervous.
Because at the beginning of the year, , a subsidiary of Li Ka-shing , went to the Vietnam market with great fanfare and signed a contract with the local area to invest in real estate, infrastructure and other businesses. At that time, the group that Cheung Kong joined forces was the Wanshengfa Group of Vietnam.
So what impact does Zhang Meilan have on Li Ka-shing now? Since the beginning of this year, many people have been operating Vietnam's economy, and many people say that Vietnam's economy has exploded, especially the export economy. In recent years, many Chinese wealthy people have indeed invested in Vietnam. Because the labor costs in the mainland have increased, many businessmen have gone to Southeast Asia to invest in factories. Guo Taiming invested 10 billion yuan in Vietnam. In 2007, he bought more than 6,000 acres of land in Vietnam to build a factory. In recent years, in order to cooperate with , Apple , Guo Taiming has invested a lot of money in Southeast Asia.
Now Southeast Asian countries such as Vietnam are backward in economies and have huge labor force, so labor costs are very cheap. Vietnam's economy has indeed grown, but it is a fool to say that Vietnam can replace us in the world's industrial chain.
Let’s take a look at Li Ka-shing again. Is he really optimistic about Vietnam’s economic development? In fact, to put it bluntly, Li Ka-shing invested in Vietnam is also a show of his performance, and his focus must be on Europe.
In the investment world, some people do angel investment in . Such has the highest return on investment , but the risk is also the greatest. Some people have a cornerstone investment before listing, which has a low return on investment, but the risk is also minimal.
Now investing in Vietnam is basically equivalent to the nature of angel investment, and investing in Vietnam's future. But if you look at Li Ka-shing's business routine, he relies on buying low and selling high in the mature economy to make money. For example, Li Ka-shing is like this in Europe. In the 1980s, Li Ka-shing began to make a big move into Europe. Li Ka-shing cashed out once in Europe around 2000.
Then Li Ka-shing made a big bid for Europe during the economic crisis in 2008. Now 14 years have passed, and Li Ka-shing is cashing out one after another. So many people say that Li Ka-shing wants to give up Europe and invest in Vietnam. But this does not conform to Li Ka-shing's logic.
He must have cashed out at a high level, then sought the right opportunity to return to Europe. In fact, the same is true in the Chinese market. After 2012, Li Ka-shing took advantage of the high real estate market and cashed out a lot of money. But we found that real estate has begun to decline in the past two years, and Li Ka-shing is back.
He quoted the Hong Kong Evergrande Center and recently bought a piece of land worth billions in Hong Kong. At the same time, Li Ka-shing also participated in the land auction in the mainland after 10 years of separation. Although he did not successfully buy the land, it also proved Li Ka-shing's determination to return.
Li Ka-shing is definitely waiting for an opportunity, waiting for a better opportunity, and then he will take action regardless of everything and buy at the bottom. As for the Vietnamese market, Li Ka-shing is probably thinking, but he will definitely not make a large investment.
Vietnam's economy is not yet mature, and the main development is OEM. Li Ka-shing's real estate and infrastructure businesses. At present, these businesses have no good opportunities in Vietnam.
In fact, Li Ka-shing will definitely not invest heavily in Southeast Asia for the time being, at most it will be a small-scale layout. Li Ka-shing has a total of more than one trillion yuan of funds, and Southeast Asia can't swallow up so much of Li Ka-shing's funds now. Because of so much money, it is not easy to find the right opportunity, the right assets, and the right prices.
Now there is no region to swallow except the European market. Because some countries are unwilling to open up infrastructure business. For example, this is the case in the United States. In addition, most of China's infrastructure is also state-owned. Another point is that Li Ka-shing's business in Europe has been making money. Since the business is making money, Li Ka-shing will definitely not give up.
In addition, Europe is still one of the most economically developed regions in the world, and their high-end manufacturing industry is still the world's leading. In this industrial chain, whether it is the United States or us, they cannot shake their status for the time being. Europe's scientific research advantages cannot be replaced overnight. A small Israeli has as many Nasdaq listed companies, and a small Swiss has as many as many 500 companies in the world. Europe's advantageous industries are not one or two, but a lot of them.
Li Ka-shing must have a deeper understanding of the problem than us. In fact, many things in this world are hyped up. For example, the new energy vehicles and Vietnam's economy have been like this in the past two years. To develop an industry or a region, it must take time to accumulate strength.
New energy vehicles are indeed very popular now, but if you think about it carefully, you will know that the so-called new energy vehicles will eventually return to the essence of manufacturing. Nowadays, even many Internet high-valuation has returned to normal. The market is getting calmer. Many speculators must constantly create new tracks to attract global investors.
industry concepts or track concepts, in fact, they are all just hype. This hype is actually just a need for the capital market. With such a sophisticated look, he naturally understood this. So Li Ka-shing will definitely not leave Europe and will not invest heavily in Vietnam.
