In the domestic market, they started bottom fishing for land since the nineties.
In the domestic real estate market, making money mostly involves crazy leveraging.
But Li Ka-shing from Xiangjiang is different; he barely uses leverage at all.
He doesn't really build houses either, just leaves a few excavators there, continuously wasting time.
Only when the land value increases does he make a move.
He doesn't actually build houses.
For such a giant to be withdrawing capital so rapidly under these circumstances.
It's not just one or two pieces either, but a full-scale divestment.
Be it the land he holds or commercial real estate, he's selling it all at a low price.
No matter how people on the internet view this move, in business terms, for people in the business world.
Old Li's withdrawal is a very obvious signal.
After all, he has a famous saying, "Never earn the last penny."
Safety first.
