Cheung Kong Holdings, owned by the Li Ka-shing family, has launched about 400 residential units for sale in the Guangdong-Hong Kong-Macao Greater Bay Area through Hutchison Whampoa Property, sparking heated discussions among Chinese netizens. What kind of future does Superman Li, who "does not make the last penny", foresee? (Previous story: Hong Kong (Stablecoin Ordinance) takes effect today, Standard Chartered Bank: Apply to become an issuer as soon as possible) (Background supplement: Direct coverage of the implementation of Hong Kong's stablecoin policy, all you need to know is this) Recently, Cheung Kong Holdings, owned by the family of Hong Kong's richest man Li Ka-shing, has launched about 400 residential units in the Guangdong-Hong Kong-Macao Greater Bay Area through Hutchison Whampoa Property. The total price of a property is as low as RMB 400,000 (about NT$1.6 million), which can be said to be a clearance sale, which immediately sparked heated discussions among Chinese netizens. Detailed information on properties for sale Public information shows that these properties are distributed in Huizhou, Guangdong (Longpo Garden, about 300 units), Zhongshan (Longpo Garden), Guangzhou (Yicui Manor) and Dongguan (Haiyi Mansion). The price of a 51-square-meter one-bedroom unit at Huizhou's Longpo Garden has dropped from an earlier range of 10,400 to 14,000 yuan per square meter to approximately 8,632 yuan per square meter, for a total price of approximately 443,000 yuan. The price of villas at Dongguan's Haiyi Mansion has plummeted significantly, from 44,000 to 68,000 yuan per square meter in 2023 to 18,000 to 36,000 yuan per square meter. This low-price strategy has already attracted a significant number of Hong Kong buyers to the mainland, with nearly 600 units sold at the Huizhou project. Meanwhile, unconfirmed rumors are circulating online that Li Ka-shing plans to sell his historic residence at 79 Deep Water Bay in Hong Kong for HK$5 billion. If this landmark luxury residence were sold, it would mark a significant restructuring of the Li family's assets in Hong Kong. What's behind Li Ka-shing's asset liquidation? As Hong Kong's richest man, he holds a profoundly important position in the hearts of mainland Chinese. This series of cashing out has undoubtedly sparked widespread discussion online in China, with netizens speculating about the motivations behind Li Ka-shing's eagerness to cash out, given that Hong Kong is a crucial political and economic stronghold of mainland China, and Li Ka-shing is Hong Kong's most prominent business figure. Furthermore, what has Li Ka-shing, Hong Kong's richest man, foreseen in the future?The Li family has a long-term bearish outlook on the Chinese real estate market. In recent years, the Li family has been continuously reducing its holdings in mainland China real estate, selling off commercial properties in Shanghai and Guangzhou since 2013 and shifting investment to the European market. The recent low-price liquidation of properties in the Greater Bay Area has been widely interpreted by netizens as a reflection of Li Ka-shing's pessimistic outlook for the Chinese real estate market. The Chinese real estate market has been facing high inventory, weak demand, and regulatory pressure in recent years. Many of the projects in Huizhou and Dongguan were developed by the Li family years ago, acquiring land at low prices (for example, the Haiyi Mansion in Dongguan, acquired in 1999). The current low-price sales may be an attempt to quickly recoup funds and mitigate risk. The Panama Port Sale Has Provoked Chinese Discontent. Some netizens also speculate that due to the geopolitical sensitivity of the Panama Canal and the strategic competition between China and the United States in the region, Cheung Kong Holdings' planned sale of its Panama Port assets this year (comprising 43 ports and logistics networks in 23 countries worldwide, and having reached an in-principle agreement with a consortium led by BlackRock) has sparked discontent in China, impacting the Li family's political and business relationships in Hong Kong and mainland China. Netizens speculate that the failure of Li Ka-shing's eldest son, Li Zeju, chairman of Cheung Kong Holdings, to continue his term as Chief Executive's Advisor, announced by the Hong Kong SAR government on June 27th, is a continuation of this conflict. Market analysts believe Li Zeju's removal may be related to the port transaction. Although this has not been officially confirmed, it has offended Chinese authorities, and Li Ka-shing may face subsequent liquidation, leading him to rush to sell off mainland assets to escape control. Further reading: Is the Panama Canal truly controlled by the United States? BlackRock acquires Li Ka-shing's port company, Cheung Kong Hutchison, for $22.8 billion, increasing the risk of war. Furthermore, some netizens are concerned that Sino-US relations have remained tense in recent years, with repeated reports of escalating conflict in the Taiwan Strait. Potential geopolitical risks will undoubtedly deal a further blow to the already sluggish Chinese real estate market, so the Li family's asset adjustments may also be related to geopolitical uncertainty. Chinese political pressure is intervening in the Li family. Finally, some netizens implicitly raised the worst-case scenario: Chinese political forces may be attempting to influence the Li family's business empire. The reason is that Hong Kong's political and economic environment has changed significantly in recent years, and the background has had a greater impact on Hong Kong's business community.The Li family's large-scale energy and infrastructure investments in the UK and other places have created potential disagreements with the central government's economic policy. Netizens pointed out that with China's economic development under pressure in recent years, it's not surprising that the authorities are targeting business tycoons like Jack Ma and Li Ka-shing, attempting to redirect or relocate their assets. Li Ka-shing's investment philosophy: Never profit from the last penny. Li Ka-shing has always adhered to this investment philosophy, excelling at cashing out at market highs and investing at market lows. His success lies in accurately judging market cycles, maximizing wealth through long-term holdings and timely exits. Chinese netizens commented on this, saying, "Li Ka-shing never misses a beat; his vigilance against the economic environment is worth learning from." Others lamented, "Don't doubt the richest man's instincts; by the time ordinary people realize it, they're already behind." While it's unclear what Li Ka-shing's vision behind this massive sale of mainland real estate is, netizens suggest that reality may one day confirm one of the four predictions mentioned above. Related reports: Hong Kong Securities and Futures Commission warns: FoFund, Fo Coin, and Taohuayuan NFT are "suspicious products" and investors should be cautious. Hong Kong Stablecoin Ordinance takes effect on August 1: licensing, supervision, bank custody... Key points: Hong Kong Customs cracks HK$1.15 billion money laundering case! Two men used stablecoins to launder large amounts of cash abroad. "Li Ka-shing sells off 400 properties in the Greater Bay Area at low prices. What does Li Ka-shing, who "doesn't make a penny", foresee? "This article was originally published on BlockTempo (Dongqu Trends - the most influential blockchain news media).