From the white lady who cut off the beard, he began to dominate Xiangjiang

Chapter 138: The Road to the Richest Man in Li Bancheng!!

Seeing that the three Tony brothers were all slightly stunned, Li Changsheng knew that among his enemies, the only one who could now come up with so much money to buy his own life was Li Bancheng, who had a net worth of more than 100 million.

It is rumored that Li Bancheng is also the behind-the-scenes financier of a large society.

As for his little brother Liu Chaoxiong, in the nineties, he was also the financial owner behind the scenes of a certain society, but now it is 1979, and he finally made 100 million yuan has been cut off by Li Changsheng.

That guy is now anxious, depressed, and his relationship with his wife Bao Yongqin is tense.

The most important thing is that he has no idea who cut off his money.

Li Changsheng knew that Li Bancheng was actually going to buy and kill himself, so he wanted to solve Li Bancheng before he became the richest man.

He completely cut off Hu Li Bancheng’s wealth creation road and replaced Li Bancheng’s richest man!

Some people say that Li Bancheng went to Northview last year and couldn’t move him.

According to Li Changsheng’s understanding, in fact, Li Bancheng actually formed a sightseeing group with Mr. Huo and a group of rich people who were far more powerful than him.

It is said that Li Bancheng did not provide some suggestions on his own and was ridiculed.

Throughout Li Bancheng’s life, although he went to the mainland to see it relatively early, he was the last among the rich people in Xiangjiang to invest in the mainland but the first to withdraw, and his shrewdness was disgusting!

However, Li Bancheng’s trip north last year was the most critical for his life.

Last year, in 1978, the Chinese government decided to open up.

This year is also a crucial year for Li Bancheng.

Before 1978, Li Bancheng was only a middle-class rich man in Xiangjiang.

In 1972, Changjiang Group went public, and Li Bancheng finally became a billionaire.

However, at that time in Xiangjiang, Changjiang was still only a second-rate real estate company, and the gap between it and such a giant as Land Land was very large.

At that time, Li Bancheng mainly developed houses in the suburbs of Xiangjiang, and in a core area such as Central, Li Bancheng did not have a single site.

Li Bancheng made a 10-year plan for himself at that time, and he hoped to use 10 years to surpass Hongkong Land.

In order to accomplish this goal, Li Bancheng took a circuitous path, that is, with the help of the power of the mainland.

When the mainland was developed in 1978, many of the richest were on the sidelines.

At that time, the richest Chinese man was a charter king, and he did not immediately return to the mainland to invest.

According to the generation and strength at that time, such an honor could not fall on Li Bancheng.

However, those big-name rich people did not want to come, but Li Bancheng took the initiative to ask for it.

This trip to the mainland is the first time that Li Bancheng has returned to the mainland after more than 30 years away from the mainland.

This return to the mainland has become the key to Li Bancheng’s life.

During this operation, Li Bancheng learned the latest ideas of the high-level, which allowed him to understand the future development of Xiangjiang better than other Xiangjiang tycoons.

At that time, Li Bancheng knew that Xiangjiang would definitely return.

In addition, he also learned about the future development potential of the mainland, which made him successfully bet on the property market in the crisis of confidence in Xiangjiang and became the richest man in Xiangjiang.

In addition, investing 30 million yuan for Shantou University allowed Li Bancheng’s name to spread in the mainland, and also allowed him to gain the favor of high-level officials.

Because of this, Li Bancheng obtained the right to directly reach Tianhearing.

So Li Bancheng also obtained some particularly valuable information.

In the early 80s, there was an energy crisis in the world, and the real estate in Heungjiang plummeted, coupled with political turmoil.

Many people in Xiangjiang are shaken by the future of Xiangjiang.

The crisis of confidence triggered a sharp decline in the Xiangjiang property market and the stock market.

At this time, Li Bancheng was early

I saw the situation clearly.

He knows that with the support of the mainland, the property market will definitely pick up, and Xiangjiang’s economy will definitely develop in a good direction.

So in the 80s, Li Bancheng achieved great success by acquiring some British-funded enterprises and then dividing their land resources to build housing villages.

The four housing villages built by Li Bancheng have successfully made more than 20 billion yuan.

Li Bancheng took advantage of the economic crisis to acquire companies and spin off assets, and achieved great success.

Because it was a low tide of real estate at that time, the land price difference made up by Li Bancheng was also very small.

Li Bancheng took advantage of this cycle very well, and finally after the real estate picked up, he made a lot of money.

In addition, at that time, many British companies were preparing to return to Xiangjiang, and they were selling their assets in a big way.

Many people did not dare to take over because they could not see the situation clearly, but Li Bancheng had long been like a mirror.

So he bought HeungKong Electric Light Company, a subsidiary of Jardine Matheson Matheson at a very low price.

The company later became Li Bancheng’s cash cow, making billions of dollars in profits every year.

At that time, the price of Li Bancheng’s purchase was only 3.2 billion, and the market value of this company has reached more than 60 billion yuan.

Xiangjiang Electric Light Company was later merged into the electric energy industry, becoming one of the four pillars of Li Bancheng’s business.

Li Changsheng still remembers that in 1978, the Xiangjiang rich group went to Beijing first, and then went to many cities, from the north to the south to inspect many cities.

They were invited by the mainland to return to the mainland to investigate investment.

At that time, the mainland was preparing to open up, so the mainland invited these Xiangjiang tycoons to come back for inspection.

Subsequently, many Xiangjiang tycoons invested heavily in the mainland, including Mr. Huo who set up a hot spring hotel in Zhongshan, and Hu Yingxiang who set up a Zhongxiang Hotel in Yangcheng.

It was only in 1992 that Li Bancheng invested 6 billion yuan in the Pengcheng Special Zone to develop the Yantian Port project.

So why did Li Bancheng return to the mainland in 1978 and wait until 1992 to invest?

Li Bancheng is too smart, because in the 80s, the investment situation in the mainland was still very difficult, and Li Bancheng did not want to be the first person to eat crabs, because the risk was too great.

Li Bancheng himself later said in an interview that in the 80s, he actively went to invest in foreign countries, but did not invest in the mainland, because he did not want to make money from the mainland, and was worried that others would say that he came to exploit.

He believed this because at that time, he still did not have much confidence in the mainland, so he put money into foreign investment.

Later, he was also the fastest retreat of Xiangjiang tycoons from the mainland.

Li Bancheng withdrew from the mainland market in 2008 and invested all his money in that ghost place in England, which is really old and timid.

With Brexit, he didn’t make much money with such shocks.

He left the mainland a little too early, and if he left after 18 years, he could make some more money.

It turned out that in that time and space, after the subprime mortgage crisis in 2008, Li Bancheng seized the opportunity to sell England’s infrastructure business and invested heavily in England’s electricity, natural gas, ports, trade and other businesses, and incomplete statistics show that Li Bancheng’s investment in England was about 400 billion.

This is definitely a staggering number, many people even say that Li Bancheng bought half of England, but at least Li Bancheng is definitely one of the largest foreign investors in England

After so many years, is Li Bancheng making or losing?

According to Changhe’s 2021 performance report, England has become the largest single market for Li Bancheng’s family business, accounting for 24% of revenue and 17% of profits, and Changhe earned 40.7 billion in profits last year, and England contributed about 8 billion.

In this way, it seems that Li Bancheng is still making money in England, so it is the right investment in England.

But doing business is not that simple.

For example, if you sell your house 20 years ago to do business, and then find out after 20 years that you may not have earned enough money to buy the house back, then do you say that you made or lost money in this business?

If your yield underperforms the market, you are also losing.

Most of Li Bancheng’s investment in England was obtained through the sale of Zhongwei’s assets.

In other words, if Li Bancheng’s investment in England does not get a better rate of return than in Zhongwei, then he loses this investment.

Although Li Bancheng’s investment in these infrastructure businesses has also been generating profits for the past decade, the valuation of these assets has not increased much.

In fact, with the current situation in England, Li Bancheng holds so many infrastructure assets, who will be willing to take over?

After England’s Brexit, the economy is more difficult.

After Brexit, capital, manpower, and trade have all been affected.

The EU is England’s largest trading partner, but the exchange of resources between them is not very smooth these days.

The lack of a large number of Central and Eastern European immigrants has also caused a huge gap in England’s low-end labor market.

There are also problems with the supply chain of life in England.

Under the influence of inflation and the energy crisis, the English economy will further slow down, which means that the English economy has already been weak and will continue to decline.

At the heart of England’s economy is the financial sector, and London’s attractiveness to global financial capital is now declining.

Many large financial institutions are moving to Germany and France.

Li Bancheng’s assets in England are as high as hundreds of billions, and last year’s profit was only about 8 billion, which means that the rate of return was only more than 1%, less than 2%.

This rate of return is actually very poor.

Li Bancheng insisted on investing in England, and now it is almost equivalent to a blind toss.

Most of the assets sold by Li Bancheng in the mainland that year belonged to commercial real estate, and in fact, although the real estate market was not good, commercial real estate was still a good stalk.

Other major real estate giants in HeungKong are increasing their investment in commercial properties on the mainland, while Hang Lung and Sun Hung Kai are increasing their rental yields on the mainland, and the growth rate has greatly exceeded that of the HeungKong market.

If Li Bancheng had not sold these commercial properties back then, his earnings would certainly be better today than in the English market.

In fact, Li Bancheng did not do well in many commercial real estate in the mainland, mainly because of his own problems, such as the famous Century Plaza in the magic capital, which was a tall super skyscraper when it was tendered, and finally built into two small office buildings that were short and poor.

You must know that this project is the only commercial real estate project in Modu that combines three subways.

Of course, in the end, Li Bancheng’s character of stepping on both ends of the two bow rats has actually been known above.

If Li Changsheng can take his place as the richest man, and Li Changsheng is his own person, wouldn’t it be more valuable than Li Bancheng at both ends of his head…