Category: Money tips Release Date: 2007-06-16
"Chinese businessmen military strategy," Interview with Selected presentations:
He was worth tens of billions, ranked Hong Kong first echelon of the super-rich tycoons, he's a rich shelf, often giving people did not know Taishan, thought he was a far the most common people. He said: "We're not poor, do not it? I'm not a rich man is born."
He ruined wiping Taiwan started a step by step, to grow and become world-renowned "Jewel King," "real estate magnate", "Hotel Tycoon," and was awarded a doctorate several institutions of higher learning.
He often laughed his friend Li Ka-shing "has been more than 70-year-olds, you tired?" But finished laughing, he himself has also been on the go.
My hope is for the community to do more things
- Interview with Hong Kong Chow Tai Fook jewelry and the New World Group Chairman Dr. Cheng Yu Tung
"Chinese businessmen military strategy," Editorial Board / Man
Cheng Yu-tung is not only the largest investment in the Mainland, Hong Kong, the consortium leader, is Hong Kong's most public-spirited philanthropy one of the leaders of the consortium for Hong Kong and the mainland's economic and social development has made outstanding contributions is recognized as an outstanding patriotic industrialist, but he it is very low profile, saying: "I am basically a patriotic person."
Gold jewelry shop laborer to become king of Cheng Yu-tung August 27, 1925 was born in Shunde, Guangdong Province, a poor family, 13 years old, because the Japanese invaders invaded Guangzhou, Hong Kong, in order to avoid war, I've just read to the junior high school, he was forced to drop out of school, went alone to the relative calm in Macau , independent for their livelihoods: "At that time the Japanese occupation of Hong Kong recently, I have to go to Macau from the home village, Shunde, the family of five brothers, I was the eldest son, often with no eat rice only eat porridge and cereals."
Cheng Yu-tung in Macau for the first job, many media reports that he was first a goldsmith shop where an apprentice. Confirmation of his own and serious, said: "misrepresentationå•? which has always been a misunderstanding by many people, in fact, wrong."
In fact, the Cheng Yu Tung arrived in Macao is not an apprentice. "Apprenticeship is war gold, learn how to do gold. I was sweeping, wiping Taiwan, taking time out to learn from others Know-business." Subordinates for his side, he added: "the boss says he's not an apprentice, which means that he arrived in Macau, we do, even not as good as an apprentice. "
Cheng Yu-tung was a goldsmith shop where is now a well-known jewelry brand Chow Tai Fook Jewelry Company's predecessor - Macau Chow Tai Fook goldsmith shops. Chow Tai Fook Yuan Chou gold shop owner had silk warehouse in Guangzhou done folks, and Cheng Yu-tung is a friend in adversity, like brothers and sisters. Chou Chih-yuan and Cheng Yu-tung's father, together, two of the wife, also pregnant, so "pulp for the marriage," agreed the relatives by marriage. Later, Zhou birth to a daughter, Andrew gave birth to a man, just became a natural fit. The boy was Andrew Cheng Yu-tung, Zhou's daughter, later became a really Mrs. Cui-Ying Zhou Cheng Yu-tung.
However, Cheng Yu-tung did not know the story between, for fear of his son as "Lang-law" itself, not to make progress, parents and Zhou unanimous agreement did not tell him about it.
Therefore, in the eyes of Cheng Yu-tung, Chou Chih-yuan was just a kindly shelter just his boss, he only obediently from sweeping the floors, wiping Taiwan to start, but do diligently.
For many media have reported that he only spent less than three years, from an apprentice to become a shop dispensers situation. He also made a correction: "This is another kind of misinformation that time, I worked for almost four years." He added: "I was in the Japanese occupation of Hong Kong to Macau to go before the Japanese surrender, I have been married, and married about a year before they began to make their own decisions from Macao to Hong Kong business. the Japanese occupation of Hong Kong time is 3 years and 8 months, it should be four years of time. "
In 1946, Cheng Yu-tung to go from Macao to Hong Kong, in Hong Kong and set up a week-old fortune number, and full responsibility for the store's business affairs. The difference is that with many dispensers, Zheng dispensers appears some "proper job", often only spent five hours in the store, we went to go outside.
He said: "In Macao, when I had to cultivate this habit, likes to go outside to go about their business. I have only 5 hours in the store, certainly not lazy, not shop inside the time, I look at the other stores, and to see how they kind of operation, when the boss will think I'm lazy, not at all. I look at other shops, well, I have to look at and see why people have achieved some success factors where? done bad, I would like to see, to see why people would do well, I want other people's experiences to learn. "
This causes everything to find love, love thinking, but good at summing up and learning habits, so that Cheng Yu-tung often see other people do not see opportunities. In 1955, he was the first to foresee the future development of jewelry industry began to shift from a simple gold jewelry business sideline.
"Gold and jewelry are basically the same industry, if the paper did not do gold jewelry, the prospects for the development of relatively small, when I was in Hong Kong, Hong Kong's economic downturn is still broken everywhere dilapidated old, as we Prior to the New World involved in urban redevelopment in Beijing Chongwen District. In 1950, Hong Kong slowly began to thrive, I feel that there will be jewelry market. "
At the same time, Chow Tai Fook's old shareholders to own all of the shares transferred to the Cheng Yu-tung, Chou Chih-yuan has become the father of the only preserved part of the shares, the right to operate all to him, let him take up a completely independent business week Tai Fook's responsibility.
A field sweeping reforms from the start.
At that time, Hong Kong, gold shops everywhere, competition is very intense. At that time, all gold fineness of 99 gold, Cheng Yu-tung is responsible for full operation immediately after a bold investment, pioneered the 9999 gold, gold production to create a new process, but also led the consumption of the new trend, so that Chow Tai Fook become a high - a symbol of quality.
He recalled: "Chow Tai Fook one begins selling 99 gold. But at that time put on the market a lot of businesses have 94,95 gold as 99 gold to sell, in which case the buyer's confidence in genuine 99 gold so it is not immensely great. So, I suggested that we should not do 99 gold, and 9999 gold to do with them from one another. We are opposed to me, saying that 99 fund has been very strong, and also what 9999 does, if done 9999, a Annual profits at a lot of money. I am confident that tell you, do first take a look at one year. a result, less than 3 months, the result is quite clear. At that time, many people have bought gold Naqu charge shops (pawn), Hong Kong has a lot of pawn shops, you put gold Naqu mortgage, he can give you money. mortgaged people of other gold shops of gold take that, pawnshops generally to the 270 or 280, but the gold in the Chow Tai Fook pawnshops be able to obtain 300. because the pawnbroker all know Chow Tai Fook's gold is 9999, so prices are high. news quickly spread, and no need for us to advertise for. "
