Hong Kong Regal Shau Undertaking: 1000 Yuan to enter Hong Kong

Source: Internet
Author: User
Keywords Shau 1975 Henderson Hong Kong Equities Yongtai
He has a motto: "Small business is afraid of food, the big business afraid of food." For Shau, he believes that the most important thing in a small business is diligence. As for the big business, the most important thing is to calculate the accuracy.  Business is big, the cost and profit is big, it is very important to have one point and one less in interest. Hong Kong's rich Shau vision, he very early thought that real estate, so go all out into the industry, accumulated huge wealth.  Shau ranked 37th on Forbes ' list of the world's richest men earlier this year, with an estimated $11 billion trillion in property, about HK $85.8 billion. Shau was born in 1928 in Shunde, Guangdong province. He was educated in his hometown, and his father opened Silver village in Guangzhou. The 30 's Guangdong Shunde, although the Pearl River delta of the land of Plenty, but industrial production is still quite backward. Shau's father, though well versed in business, was only opening a local "head".  Small Shau, often go to his father's "shop head" to eat, from childhood to business is not unfamiliar. Shau in Shunde private pad school, primary School, the father has opened a silver village in Guangzhou, he went to silver Zhuangzi business, the father is the boss, son pick a little leisure work on the line.  But Shau, he started from the bottom, do some handyman work. With 1000 yuan to Hong Kong to break the world at first, he was fascinated by the bank notes. Looking at all kinds of bundles of small bundles of money aroud. When would I be able to make a few bundles of money, he thought? Gradually, he also entered the business, his pocket also put some money. Do not know why eat no money, but these banknotes can buy a kilo of rice today, after two days even one or two meters can not buy. Just as he began to know how to make money, he seemed to think it was useless to make money. He's starting to hate money.  He could not speak clearly, but he could not do without money. 1948, the Silver Village cannot go down. Shau followed his father to Hong Kong. It's a new world. What's life? Some people said that when he came to Hong Kong, he had only 1000 dollars in his waist, and he also said that he had brought a considerable amount of savings. I have to try to make money in order to live. Banzhou's experience made him the most familiar with the exchange business, so he went to the salt East Street, Si Lidin and other goldsmith shop "pending orders", began trading foreign exchange and gold (information, market).  At that time, Macao has a gold franchise right, Shau and He Xian and other in Macao have a certain force of cooperation, in the gold trading, and finally dug up the first bucket of gold. "Three swordsman" occasion cooperation into real Estate 1958, Hong Kong business three capable "pledging jieyi", they are Shau, Guo De wins, Feng Jingji.  They and the other 5 shareholders, the formation of "Wing Yip Enterprise", the first to buy the Shatin hotel, booming business. By the year 1963, "three swordsman" simply "dumped" other shareholders, the three partners to form a "Sun Hung Kai Enterprise Co., Ltd.". "New" word is taken from Feng Jingji new company, "hung" word is taken from Guo Victory Hongchang, "base" word is taken from Shau name. Sun Hung KaiThe initial scale is very small, only more than 10 staff, registered capital of HK $5 million, paid-in capital of 3 million yuan (1 million yuan per person investment).  In the Hong Kong business community at that time, all three were just medium businessmen. "Three Swordsman" after 5 years of cooperation, accumulated real estate experience, with a new company, but also ambitious, oath and other real estate companies a higher level. Other development of property is concentrated in commercial and industrial land, and even in the construction of residential buildings, the development of large housing estates or luxurious settlements will be more extensive.  However, Sun Hung Kai has been looking at the small and medium sized residential flats, which is adapting to the rapid development of the business sector and the characteristics of the young generation family, so Sun Hung Kai's real estate business rapid. 1972 Shau resigned as general manager of Sun Hung Kai, only vice chairman.  The three swords were separated and the Shau gained about $50 million worth of sites and properties. March 1973, Hong Kong stock collapse, the real estate is also in the doldrums, Shau, immediately will be earned money thrown, while the old house prices and land prices plummeted, rapid acquisition. The kind is always more reassuring than the money. [Page] To create a Henderson industry alone to spread the wings of 1975, Shau finally opened their own kingdom-Henderson trillion Industry limited.  Initially, it was an unlisted private company with a share capital of HK $1.5 billion and Shau as chairman and general manager of the board. Henderson Company was founded, Shau that the property in exchange for Yongtai construction company 19 million new shares, mastered the 42.9%-wing Yongtai, become the largest shareholder and stay in Yongtai board, so that Yongtai quickly reborn. By 1979, the market value of Yongtai had leapt to HK $900 million and expanded more than 20 times to become a Medium-sized property unit with 26 sites and a total floor area of more than 2.6 million square feet.  From the search, acquisition, development to the opportunity to master the process of Yongtai, embodies the Shau unique vision, intelligence and courage.  June 1981, Shau seize the stock market bull and real estate climax of the great opportunity to the Henderson Real Estate company listed a capital of HK $1 billion, enriched the capital strength, thus in the immediate stock market, real estate low tide smoothly through the recession. 1988, Henderson Group restructured again, Henderson Real Estate acquired the Yongtai construction industry.  And the Yongtai is renamed as "Henderson Development Co., Ltd.", and prior to this, Yongtai had bought 28% Hong Kong ferry Equity and 26% Chinese gas stake, the restructuring also announced the issuance of about 1.2 billion new shares, the strength is even more strong. At the end of 1988, the market value of 3.6 billion Hong Kong dollars has been a large number of listed companies, and Henderson Real Estate and listed as Henderson Group's two major companies, become Shau's right-hand.  15 years ago, Yongtai market value of only 40 million Hong Kong dollars, today's Henderson development, the market value amounted to HK $ more than 4 billion. He has a motto: "Small business is afraid of food, the big business afraid of food." "An obscure young man has done a great and vigorous event. In just a few decades, set the world's attention to the eternal inheritance. He did not like the time andMoney is spent on eating and drinking. He cautious, proficient in computing, he has a motto: "Small business afraid of food, big business fear of food." For Shau, he believes that the most important thing in a small business is diligence. As for the big business, the most important thing is to calculate the accuracy.  Business is big, the cost and profit is big, it is very important to have one point and one less in interest. Shau's success, of course, wants to be extended to the next generation. So he taught his son to have a set of his own, he said: "Juvenile success, arrogance, idleness, not thinking of diligence, is the source of failure, indulge themselves, frivolous impetuous, sooner or later will make trouble, all things can not forget, drinking water without thinking of the source, the consequences of risk." "Make enough money to donate." Li Ka-shing has said that at least 1/3 of the property will be donated to its charitable fund. According to the Hong Kong Ming Pao newspaper, Hong Kong's other super rich, Henderson chairman, Shau, was asked the same question 12th that he would consider donating some of his property to charitable funds under his name, but the proportion of assets donated was not seriously considered. Shau stressed that the timing of donations is very important, as a variety of business is still in development, to more chips, like a war to keep a little more bullets, so that the harvest will be more, in the future can donate more. Shau pointed out that when the business and career is in the development period, need to have more "chips", just like war, bullets to enough, so the harvest will be more, when the harvest reached a considerable level, they have the ability to make more donations. "Wait till you earn enough, haha!"  "To do good and money to make a strong contribution." In 1982, Shau and a number of rich people set up the Hong Kong Pui Wah Education Fund to train talents in China, with an estimated 14,000 beneficiaries. Shau said he is currently in the hinterland of a mountain poverty alleviation programme, the main goal is to provide training for farmers, farmers have mastered skills, they can go to the city for a living. Every farmer is trained to benefit more than one person, but a peasant family.  The plan estimates that 100,000 farmers will be trained, but the number of beneficiaries may reach 1 million, with each farmer training costs about 1000 yuan. Lingau, vice chairman of Henderson, added that over the past two years, Shau donated to 7 tertiary institutions in Hong Kong through its name Charitable fund, amounting to $ hundreds of millions of, and in the coming year, there will be a little more donations in the mainland and a donation amount of about $300 million.
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