Thursday, July 24, 2014

"State Owned Operative", Li Dynasty....God Bless The [CPC] Communist Party of China


The Rise and Rise of the "State Owned Operative", Li Dynasty

1928 
   Li Ka-shing is born in Shantou, China 1940 
   Moves to Hong Kong

1950 
Starts Cheung Kong factory making plastic flowers [so the myth goes]

1958 
Makes first property investment

1964 
First son Victor is born in Hong Kong

1966 
Second son Richard is born in Hong Kong

1972 
Li Ka-shing's company lists on Hong Kong stock exchange as Cheung Kong Holdings 

1979 
Li Ka-shing buys property and trading conglomerate Hutchison Whampoa from Hongkong & Shanghai Bank

1983-90 
Victor Li works on real estate projects for his father in Vancouver

1985 
Li Ka-shing buys Hongkong Electric, the territory's main power supplier

1985 
Victor Li graduates in construction management and engineering from Stanford 

1985 
Li Ka-shing establishes Hutchison Telecommunications to launch mobile phone service in Hong Kong

1987 
Richard Li graduates from Stanford with a degree in computer science

1987 
Richard Li becomes partner in Gordon Capital, a Toronto investment bank

1990 
Victor Li returns to Hong Kong to work for Cheung Kong

1990 
Richard Li returns to Hong Kong to work for Hutchison Whampoa

1991 
Richard Li launches Star TV

1993 
Richard Li sells Star to Rupert Murdoch's News Corp. for $950 million, launches Pacific Century Group with the proceeds

1994 
Li Ka-shing establishes Orange mobile phone service in Britain

1996 
Richard Li establishes Pacific Century CyberWorks 

1996 
Li Ka-shing launches Cheung Kong Infrastructure Holdings to consolidate group's construction operations

1996 
Victor Li kidnapped. Father said to have paid more than $100 million for his release

1999 
Richard Li announces Cyberport, a government-backed real estate venture aimed at making Hong Kong a high-tech hub

1999 
Li Ka-shing sells Orange to Mannesmann, gets 10% of German firm's shares

1999 
Victor Li's kidnapper, Cheung Tze-keung, known as Big Spender, executed in China

1999 
Victor Li becomes managing director of Cheung Kong and deputy chairman of Hutchison Whampoa

2000 January 
Li Ka-shing establishes Tom.com

2000 February 
Mannesmann bought by Vodafone in world's biggest takeover; Li ends up with stock worth $15 billion

2000 February 
Tom.com's IPO is oversubscribed 669 times

2000 February 
Richard Li buys Cable & Wireless HKT for $38 billion

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