Li Ka-shing Exits the UK
Pragmatic Move
Li Ka-shing's CK Hutchison Holdings Limited, known as Cheung Kong, announced yesterday that its telecom group CKHGT has agreed to sell its entire stake in the UK telecom business Vodafone Three.
This deal involves selling Vodafone's shares for £4.3 billion, approximately HK$45.5 billion, with the transaction subject to approval from regulatory bodies. Once approved, it will take effect.
Upon this news, Cheung Kong's stock surged by 4.13%, bringing its market cap to about HK$260.4 billion.
Clearly, Cheung Kong's stock has been undervalued, as Li Ka-shing is just a straightforward businessman who never hypes things up and has no grand dreams—just the goal of making money, which is why the valuation has stayed low.
Currently, CKHGT holds a 49% stake in Vodafone, while Vodafone Group Plc owns the remaining 51%. The two companies signed a contract back in June 2023, which later culminated in the merger.
After years of holding shares, Vodafone has performed well, now becoming the largest telecom provider in the UK, leading in customer numbers and dominating mobile communications. Cheung Kong has realized its investment, Vodafone has grown, and British consumers are enjoying better services—a triple win.
But we won’t call it a triple win, because since laying the groundwork in the UK in the 1990s, over twenty years have passed, and with just this investment, Cheung Kong has earned at least HK$160 billion from the UK. Of course, we haven't even counted the dividends over the years, which must be at least HK$30 billion.
Twenty years, HK$200 billion, from just this one deal, Cheung Kong makes a gross profit of HK$10 billion a year. In reality, Cheung Kong is winning more than it seems, yet in recent years, its asset deployment in the UK has been shrinking.
Li Ka-shing is leaving the UK because profits are drying up.
In January this year, Cheung Kong sold its entire stake in the UK railway vehicle leasing company, essentially selling the UK rail to Europeans. In February, Cheung Kong sold its holdings in UK Power Networks—40%, 40%, and 20% stakes—to a French utility company for HK$44.3 billion, HK$44.3 billion, and HK$22.15 billion, totaling over HK$110 billion.
This isn’t just one deal; Li Ka-shing has been selling off UK assets, and he isn't the only one leaving the UK. In recent years, the rate at which wealthy individuals are leaving the UK has accelerated. Li Ka-shing is just too big to exit instantly, but many are moving as quickly as they can.
This is because the UK is rapidly undergoing Islamization, with no signs of reversal. By 2025, the Muslim population in the UK is projected to grow to around 4 to 4.3 million, making up 6% to 6.5% of the total population.
Just forty years ago, the UK had almost no Muslim population, and Muslims are one of the fastest-growing religious groups in the UK. Between 2011 and 2021, their numbers increased by about 30%.
Currently, 15% of London’s population is Muslim, which was unimaginable a decade ago. Ten years ago, even Li Ka-shing couldn’t have envisioned this, still enjoying hefty dividends; now it’s time to make a quick exit.
We all understand this logic; even players of the game 'Europa Universalis' get it, as the tutorial emphasizes population and birth rates as crucial indicators in the national panel.
White Britons are not having kids anymore; they’re just getting cats and dogs, while Muslim families arriving in the UK are having two to three children each, with some having four or five.
Will the civilizational replacement in the UK happen quickly? The wealthy might not know, but they understand the uncertainties that lie ahead, which is why they're fleeing. The current UK is done for, and the new UK hasn’t been established yet, so how can one not run? Li Ka-shing has profited, and UK consumers have benefited—it's a win-win.
As for whether the UK benefits or not, that’s not something a businessman like Li Ka-shing should be worrying about; he has no sentimental attachments. Letting go of the advisory sentiment and respecting the nation's fate will only lead to more profits.
Pragmatic Move
Li Ka-shing's CK Hutchison Holdings Limited, known as Cheung Kong, announced yesterday that its telecom group CKHGT has agreed to sell its entire stake in the UK telecom business Vodafone Three.
This deal involves selling Vodafone's shares for £4.3 billion, approximately HK$45.5 billion, with the transaction subject to approval from regulatory bodies. Once approved, it will take effect.
Upon this news, Cheung Kong's stock surged by 4.13%, bringing its market cap to about HK$260.4 billion.
Clearly, Cheung Kong's stock has been undervalued, as Li Ka-shing is just a straightforward businessman who never hypes things up and has no grand dreams—just the goal of making money, which is why the valuation has stayed low.
Currently, CKHGT holds a 49% stake in Vodafone, while Vodafone Group Plc owns the remaining 51%. The two companies signed a contract back in June 2023, which later culminated in the merger.
After years of holding shares, Vodafone has performed well, now becoming the largest telecom provider in the UK, leading in customer numbers and dominating mobile communications. Cheung Kong has realized its investment, Vodafone has grown, and British consumers are enjoying better services—a triple win.
But we won’t call it a triple win, because since laying the groundwork in the UK in the 1990s, over twenty years have passed, and with just this investment, Cheung Kong has earned at least HK$160 billion from the UK. Of course, we haven't even counted the dividends over the years, which must be at least HK$30 billion.
Twenty years, HK$200 billion, from just this one deal, Cheung Kong makes a gross profit of HK$10 billion a year. In reality, Cheung Kong is winning more than it seems, yet in recent years, its asset deployment in the UK has been shrinking.
Li Ka-shing is leaving the UK because profits are drying up.
In January this year, Cheung Kong sold its entire stake in the UK railway vehicle leasing company, essentially selling the UK rail to Europeans. In February, Cheung Kong sold its holdings in UK Power Networks—40%, 40%, and 20% stakes—to a French utility company for HK$44.3 billion, HK$44.3 billion, and HK$22.15 billion, totaling over HK$110 billion.
This isn’t just one deal; Li Ka-shing has been selling off UK assets, and he isn't the only one leaving the UK. In recent years, the rate at which wealthy individuals are leaving the UK has accelerated. Li Ka-shing is just too big to exit instantly, but many are moving as quickly as they can.
This is because the UK is rapidly undergoing Islamization, with no signs of reversal. By 2025, the Muslim population in the UK is projected to grow to around 4 to 4.3 million, making up 6% to 6.5% of the total population.
Just forty years ago, the UK had almost no Muslim population, and Muslims are one of the fastest-growing religious groups in the UK. Between 2011 and 2021, their numbers increased by about 30%.
Currently, 15% of London’s population is Muslim, which was unimaginable a decade ago. Ten years ago, even Li Ka-shing couldn’t have envisioned this, still enjoying hefty dividends; now it’s time to make a quick exit.
We all understand this logic; even players of the game 'Europa Universalis' get it, as the tutorial emphasizes population and birth rates as crucial indicators in the national panel.
White Britons are not having kids anymore; they’re just getting cats and dogs, while Muslim families arriving in the UK are having two to three children each, with some having four or five.
Will the civilizational replacement in the UK happen quickly? The wealthy might not know, but they understand the uncertainties that lie ahead, which is why they're fleeing. The current UK is done for, and the new UK hasn’t been established yet, so how can one not run? Li Ka-shing has profited, and UK consumers have benefited—it's a win-win.
As for whether the UK benefits or not, that’s not something a businessman like Li Ka-shing should be worrying about; he has no sentimental attachments. Letting go of the advisory sentiment and respecting the nation's fate will only lead to more profits.