Li Ka-Shing on the property market: property prices on the Mainland is too high | | | price _ Li Ka-shing, Hong Kong News

When it comes to Hong Kong as "Lee's city", and Lee's "hegemony of real estate", Li said he did not agree with. He said they foresee the limits of market for more than 20 years ago, so he was the first overseas investment businessman, to invest in Hong Kong is no longer the big. However, as a handful of real estate developers, Li Ka-Shing for the current property market also showed concern.

Reporter: in Hong Kong, told reporters that the people in Hong Kong now is "Li" says you "real estate monopoly" or something, and, what do you think about this?

Li Ka-Shing: 1979 I acquired prior to Hutchison, it is zero outside investment in Hong Kong, investment overseas was started by me. I know that Hong Kong's limited market, I continue to foreign investment, and today proves I was right, if set to invest in Hong Kong, it is stupid! Twenty or thirty years ago, I had foreseen this situation in Hong Kong, not smart, but millions of people in Hong Kong, what can you do in the business?

Hutchison Global investment of business in Hong Kong or about 15%, about one-third long Hong Kong investment as a share of the world, if property developers have done less, much smaller proportion.

Reporter: Hong Kong people on your best ideas, saying you "estate supremacy"?

Li Ka-Shing: "real estate hegemony" is really a joke, in the field, we make more money than Hong Kong, in Hong Kong in the past two or three years we buy fewer items, high land prices in Hong Kong, has seen an unhealthy trend, mainland land prices are also skyrocketing, we cannot successfully acquired the land.

So far this year, we have just been awarded a total of about 3 billion sale came in last, so this year we sale only HK $ 4 billion for the year, and for the past two years alone 15% per cent of total annual sales of between 26 billion to 27 billion, was the worst year in 13 years.

If the real estate business to continue struggling to operate at high prices and a loss, is sorry to shareholders. We are a company that be managed, the latter debt ratios today is 4%, and yellow is 21%, in the case of such a large company, belongs to the low proportion in a foreign country, as well as in Canada h-usky, debt ratio is only 12%, is also very low, this is my business principles, for debt and credit problems, be very careful on the ice. I began to do business in 1950, and today has more than 60 years, lived a lot of ups and downs, and sailed.

And we all know that Hong Kong's property market has been dominated by Government policy, whether from the land supply to vote in terms of design, real estate tax policy is not determined by the developers, so "real estate hegemony" does not belong to the developers.

Reporter: you mentioned the Mainland soaring land prices are hard to get, what do you think about the current real estate market in the Mainland?

Li: I don't need to tell, you see, right now, the mainland Government departments have to regulate the property market, said the price is too high, don't listen to them, and you can listen to who?

Reporter: what do you think now the Mainland property market prices are already too high?

Li Ka-Shing: Yes, the prices are too high, ordinary citizens have been unbearable. Recently saw the Government introduced regulatory policy, for example, buy second homes limited credit. Real estate investment companies now can also be risky, to be very careful, very careful, principle is not going to make my life "last quarter".

Digital 1 to 2012 years for cases, long and Department in global total gross about 4 3 0 0 Hong Kong dollar, but this year investment overseas (New Zealand and Netherlands) of infrastructure project only 13 0 Hong Kong dollar, and actual spent of funds only 8 0 Hong Kong dollar, just only accounted for this year long and Department total gross of insufficient 2%, can said negligible; while, we this year in Hong Kong of container terminal project on investment has 4 0 Hong Kong dollar

Digital 2 long and Department in Hong Kong of Central has of property about has 3.8 million sq sq ft, total market 13 0 0 Hong Kong dollar; mainland aspects, is located in best lots of received rent property including Shanghai, and Beijing as oriental square, also about has 5 million sq sq ft, total market at least 4 0 0 Hong Kong dollar, mainland, and Hong Kong between just received rent of property market on has 17 0 0 Hong Kong dollar, all overseas received rent property market just mainland, and Hong Kong between of 5 ‰

Buy high sell low is a normal commercial activity, but for the world, and never criticized the US exit from their investments, but the rumors continue, Hong Kong, unfortunately

Real estate investment companies now can also be risky, to be very careful, very careful, principle is not going to make my life "last quarter"

(Original title: Mainland property prices are too high)

(Edit: SN091)
November 28, 2013 Southern Metropolis daily
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李嘉诚谈楼市：内地楼市价格太高|香港|李嘉诚|价格_新闻资讯

　　当提及香港是“李家之城”、李家“地产霸权”等说法，李嘉诚表示他不认同。他说自己20多年前就已预见香港市场的局限，因此他是最早迈出海外投资的商人，在港投资早已不是重头。不过，作为屈指可数的房产大开发商，李嘉诚对于目前楼市也表现出担忧之色。

　　记者：在香港，有市民对记者说，香港现在就是“李家的城”，说你“地产垄断”之类的，对此你怎么看？

　　李嘉诚：1979年我收购和记黄埔之前，它在香港以外的地方是零投资，投资海外是由我开始的。当时我就知道香港的市场有限，我不断到外国投资，今天证明我的做法是对的，如果集中在香港投资，根本是蠢事！二三十年前我已预见香港这个情况，不是我聪明，而是香港就几百万人口，能做多少生意呢？

　　其实和黄的香港业务占全球投资比例约为15%，长实在香港的投资占全球的约1/3，如果地产做得少一点，比例会更小。

　　记者：香港人对你最大意见，说你“地产霸权”？

　　李嘉诚：“地产霸权”实在是一个笑话，我们在外地赚的钱远远多于香港，过去两三年我们在香港买入的项目较少，香港地价高，已看到不健康的趋势，内地的地价也飞涨，我们也无法成功投得土地。

　　今年至目前为止，我们仅获批出一宗总值只得30亿左右的楼盘，位居最末，以致我们今年全年卖楼只得约40亿港元，仅及过去两年每年销售总额260亿-270亿之间的15%左右，是13年来最差的一年。

　　若地产业务继续艰难地经营，高价投地而亏本，就是对不起股东。我们是一家小心经营的公司，长实今天的负债比例是4%，和黄是21%，以其这么大规模的公司而言，在外国是属于低的比例，还有在加拿大的H usky，负债比例只有12%，也是非常低的，这是我做生意的原则，对于债务和贷款问题，非常小心处理，如履薄冰。我在1950年开始做生意，到今天已经60多年，经历过不少风风雨雨，也一路走过来。

　　而且大家都知道香港地产市场一直由政府政策主导，不论从土地供应到投地条件的设计、房地产税务政策等，并非由地产商决定，因此“地产霸权”并不属于地产商。

　　记者：你刚才提到内地的地价飞涨很难买到地，那你怎样看待目前内地的楼市行情？

　　李嘉诚：这个都不用我说，你看现在内地政府部门都说要调控楼市，说房价太高，不听他们的话，还可以听谁的话？

　　记者：那你也觉得现在内地楼市的价格已经太高？

　　李嘉诚：是的，价格涨太高，一般老百姓已经难以承受。所以近期也看到政府出台了调控政策，譬如买二套房限贷等。现在投资地产的公司也有危险，要很谨慎，很小心，我一生的原则是不会去赚“最后一个铜板”。

　　数字1 以2012年为例，长和系在全球总毛收入约4 3 0 0亿港元，但今年投资海外(新西兰和荷兰)的基建项目只有13 0亿港元，而且实际动用的资金只有8 0亿港元，仅仅只占今年长和系总毛收入的不足2 %，可以说微不足道；同时，我们今年在香港的货柜码头项目就投资了4 0亿港元

　　数字2 长和系在香港的中区拥有的物业大约有380万平方呎，总市值13 0 0亿港元；内地方面，位于最佳地段的收租物业包括上海、北京如东方广场等亦约有500万平方呎，总市值至少4 0 0亿港元，内地、香港两地只是收租的物业市值就有17 0 0亿港元，全部海外收租物业市值只是内地、香港两地的5‰

　　高卖低买本来就是正常的商业行为，但就全世界而言，从来没有批评过我们撤资，惟独香港传言不断，令人遗憾

　　现在投资地产的公司也有危险，要很谨慎，很小心，我一生的原则是不会去赚“最后一个铜板”

(原标题：内地楼市价格太高)

（编辑：SN091）
2013年11月28日05:20
南方都市报
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