Lee Shau Kee

On February 20, 1928, Hong Kong real estate tycoon Lee Shau Kee was born.

character brief introduction

Lee Siu-kee, born on February 20, 1928 in Dalang, Shunde, Guangdong, is the founder and chairperson of Henderson Land Company Limited. His family's main industries include energy, finance, hotels, real estate, and transportation. Henderson Land Company Limited is one of the largest real estate development companies in Hong Kong, with properties involved in commercial buildings, residential buildings, and hotel groups.

Mr. Lee, whose family also runs the energy industry, is chairperson of the Hong Kong and China Gas Company, the sole supplier of natural gas for domestic use and heating in Hong Kong. His eldest son, Mr. Lee, and his second son, Mr. Lee, are both vice-chairpeople of Henderson Land and directors of the company.

Lee Shau Kee's Henderson Properties is one of the four largest development companies in Hong Kong, on the same footing as Li Ka-shing's Cheung Kong Industries, Sun Hung Kai Properties and Cheng Yu-tung's New World Properties.

In addition to real estate operations, Lee Shau Kee is very good at capital operations and is known as the Asian stock god. Through a series of backdoors, spin-offs, and acquisitions, it has created its huge business empire. Henderson Land Group, together with its subsidiaries and associated companies, has 6 independent listed companies, with businesses covering real estate, hotel operations, department stores, infrastructure, catering, tourism, etc.
Lee Shau-kee has the honorific title of "Fourth Uncle" in Hong Kong, which is not for his ranking, but because the Cantonese pronunciation of the word "Ji" is the same as "Four". Interestingly, because another Hong Kong billionaire, Shaw Yifu, is called "Sixth Uncle", the Hong Kong band Farmer also specially wrote a song, and the lyrics created a rich man with the title "Fifth Uncle", which shows Lee Shau-kee's status in Hong Kong's wealthy circles.

mainly experienced

Since 1934, my father has been assigned to the family's shop to learn how to do business.

In 1940, Li Zhaoji had mastered the core technology and knowledge of gold, gold, and gold melting, and soon became the head of Tianbaorong Gold Shop, becoming a prodigy and golden wizard known to all in Shunde.

In 1944, Li Shaoji took over the two shops in Shunde, and lived up to his high expectations. He flourished his business.

In 1948, Lee Shau Kee went south alone with 1000 Hong Kong dollars to do trade business.

In 1958, Li Zhaoji, Feng Jingxi, Guo Desheng and other eight people formed Yongye Company and began to get involved in the real estate business;

In 1963, Lee Shau-kee, Guo Desheng and Feng Jingxi established "Sun Hung Kai Enterprises Co., Ltd.". The elderly Mr. Guo Desheng, who owned 40% of the shares, served as the chairperson of the group, and the youngest, Lee Shau-kee, who owned 30% of the shares, served as the vice chairperson and general manager.

In 1972, Sun Hung Kai Properties went public, and the Three Musketeers broke up.

In early 1973, just as the Hong Kong stock market was booming, Lee Shau-kee took the opportunity to list Wing Tai Company, and the stock of one yuan per share suddenly rose to one yuan and 70 cents. Lee Shao-kee made a lot of money.

In 1975, when the Hong Kong stock market began to recover, Mr. Lee set up his own company, Henderson Land.

In 1979, due to the profit more than doubled, Lee Shau Kee decided to send new shares, so that Yongtai shares more than 100 million shares, the market value has reached more than 900 million, with more than 20 real estate.

In 1981, Lee Shau Kee successfully launched the listing of Hengji Investment and raised HK$1 billion in one fell swoop. Later, Lee Shau Kee spun off the real estate business of Henderson Land Development Co., Ltd. for listing.

In 1988, Henderson Land Development Company fully acquired Yongtai Construction and renamed it "Henderson Land Development Co., Ltd."

In 1993, Lee Shau Kee was hired as a Hong Kong affairs consultant by the Hong Kong and Macao Affairs Office of the State Council and the Hong Kong Branch of the Xinhua Agency.

At the end of 1995, he was hired as a member of the Preparatory Committee of the Hong Kong Special Administrative Region.

In 1997, Lee Shau-kee made a historic breakthrough, making Henderson the first Hong Kong stock to be listed in Japan.

On December 15, 2004, Lee announced the establishment of "Zhaoji Financial Enterprise Company", which specializes in managing the family's global investments of up to 6.50 billion US dollars.

When Bank of China was listed in Hong Kong in 2006, Lee Shau Kee purchased another 1.314 billion shares (approximately US$497 million) and continued to support large central enterprises.

On June 1, 2016, Henderson Investment Development Co., Ltd. issued an announcement announcing that Lee Shau Kee would retire as chairman and managing director, chairman of the nomination committee and member of the remuneration committee effective July 1, and would be replaced by Li Jiacheng, the second son of the current vice chairman.

Charity deeds

In 1978, he spent more than 20 million yuan to rebuild Hong Kong Pui Kiu Middle School. In the same year, he donated money to support the Hong Kong Shunde Friendship Association and founded the Kwai Chung Shunde Friendship Association Lee Shau Kee Middle School.

In 1979, he established the "Lee Shau Kee Scholarship" at Wharton College, University of Oxford, UK. Every year, he sends three to four outstanding Hong Kong students to Oxford University. Forty-six students studying in different disciplines have benefited.

In 1980, he donated HK$3.1 million to build the "Shunde Hospital";

1991 Donated HK $5 million to build Shunde Sports Centre;

In 1994, he and Zheng Yutong each invested RMB 80 million to build two senior middle schools-"Shunde Li Shau Kee Middle School" and "Shunde Zheng Yutong Middle School".

On June 26, 2009, Lee Shau Kee donated another 400 million yuan to Peking University and Tsinghua University.

Since 2005, he donated to establish the "Warm Project" fund.

In April 2009, Li Zhaoji, chairperson of Hong Kong Henderson Properties, decided to donate another 60 million yuan to Guangxi and Ningxia

In June 2008, donations were enthusiastic during the Wenchuan earthquake: Lee Shau-kee, chairperson of Hong Kong Henderson Foundation, donated 100 million yuan from private funds for Sichuan disaster relief, plus 10 million yuan donated in the name of the group earlier, the cumulative donation has reached 110 million yuan.

On October 21, 2009, the Li Zhaoji Foundation donated 80 million to Guangyuan City, the hardest hit area by the Wenchuan earthquake, for the reconstruction of the outpatient internal medicine building of Guangyuan Central Hospital.

In 2010, Lee Shau Kee donated HK$20 million to the Ren An Hospital Charity Project to strengthen the hospital's free surgical medical services to the public.

In 2011, Lee Shau Kee donated another 100 million yuan to Tsinghua University in 2009 to build the Lee Shau Kee Science and Technology Building.

Family Profile

Lee Shau Kee has three daughters and two sons. He divorced his wife early in the life. The media is very friendly to him, rarely reports negative news, and is known for his harmonious family. His eldest son, Li Jiajie, is 50 years old. He is currently the chairman and president of Henderson China. He is mainly engaged in exploring the mainland market. He is low-key and quiet, and believes in Buddhism and tea ceremony. The second son, Li Ka-shing, is 43 years old and is currently the vice chairman of Henderson Properties. He has studied with Lee Shau Kee for many years. His wife is Hong Kong artist Xu Ziqi.

¡ñ eldest son

Li Jiajie (born in 1963), born in Hong Kong, native of Shunde, Guangdong, is a Hong Kong entrepreneur. He is currently the vice chairman and executive director of Hengdi and a director of China Gas. He is the eldest son of Lee Shau Kee, founder and chairman of Hengji Investment, and his younger brother is Li Ka-shing.

After graduating from a British university in 1985, Li Jiajie returned to Hong Kong to join Henderson as a director, mainly responsible for mainland business, and focused on philanthropy. He established the "Li Jiajie Cherish Life Fund" and "Bairen Fund" in 2007 and 2008, and was awarded the "Most Caring Charitable Donation Individual" award by the Ministry of Civil Affairs of China in 2007.

Henderson announced in a high-profile manner on October 26, 2010 that in order to fulfill his father Lee Shau Kee's wish, the 47-year-old unmarried Li Jiajie had previously gone to the United States to find a surrogate mother. He spent more than one million yuan using new IVF technology to give birth, becoming an "unmarried father" and "getting three boys in one go." No. 3 was born in July 2010, named Zhixin, Zhiren, and Zhiyong, becoming the third generation of popular successors in the Hundred Billion Kingdom.

He is currently a member of the National Committee of the Chinese People's Political Consultative Conference, deputy director of the Economic Committee of the National Committee of the Chinese People's Political Consultative Conference, chairman and president of Hengji China Group Co., Ltd., vice chairman of Hengji Investment Co., Ltd. and Hengji Investment Development Co., Ltd., executive director of Hengji Digital Technology Co., Ltd., director of Hong Kong and China Gas Co., Ltd., and vice chairman of China Vocational Education Society.

¡ñ Second son

Martin Lee Ka-Shing (born in 1971), male, born in Shunde, Guangdong, is a Hong Kong entrepreneur. The son of Lee Shau Kee, founder of Hong Kong Henderson Investment Co., Ltd., and the husband of Hong Kong artist Xu Ziqi. Li Jiacheng graduated from Wilfred Laurier University in Canada, majoring in economics.

Li Jiacheng is a member of the 9th Committee of the Guangxi Zhuang Autonomous Region of the China People's Political Consultative Conference and a member of the 9th Committee of the Foshan City of the China People's Political Consultative Conference. He has served as executive director of Hengji Group since 1993 and vice chairman since 2005. He received education in Canada. Li Ka-shing is also the vice chairman of Henderson Investment Company Limited and Henderson Investment Development Company Limited, and a director of The Hong Kong and China Gas Company Limited and Miramar Hotels and Enterprises Limited. Pursuant to the Securities and Futures Ordinance, Henderson Land Development and Believegood Limited have disclosed interests in the shares of Henderson Land Development, and Li Ka-shing is a director of these companies.

Li Ka-shing is also the younger brother of Miss Li Peiwen and Mr. Li Ka-kit and the younger uncle of Mr. Li Ning. Li Ka-shing studied at St. Joseph's College and went to Canada for education. He studied economics at Wilfrid Laurier University and obtained an undergraduate degree in Honours Arts in 1993. After returning to Hong Kong, he worked at Sun Hung Kai Properties and later assisted his father in managing Henderson Land. He was promoted to executive director. He is expected to be the successor of Lee Shau-kee and manage the group's business.