YRIC Founding Honorary President Mr. Li Ka-shing attended the inaugural meeting of the chamber of commerce

Recently, YRIC Founding Honorary President Mr. Li Ka-shing's two flagship companies Cheung Kong Real Estate (1113.HK )and Cheung Hutchison(0001. HK) released a semi-annual report: the total net profit of the two companies in the first half of 2016 is over HK $23 billion, Regardless of the revalued property investment, net profit of Cheung Kong Real Estate has a yearly increase with more than 50%. Within half a year, it has gained a complete victory with net profit of 23 billion.

YRIC Founding Honorary President Mr. Li Ka-shing pointed out in the semi annual report of Cheung Hutchison: Brexit is a foregone conclusion, which would bring a lot of negative challenge for the UK and Europe in at least the next two or three years, but due to the group investing most in the livelihood, the foundation was solid.

Looking back when the UK referendum decided to withdraw from the European Union, Li Ka-shing probably was the chinese man who was most influenced. After the referendum result was announced, the share price suffered heavy losses, the market value evaporated with a total loss of about HK $71 billion 400 million within two days , equivalent to the total market value of Country Garden listing in Hong Kong stocks. At that time, a lot of people thought Li Ka-shing's off Asia into Europe is a strategic mistake, and in the long run, Li Ka-shing will also face the asset devaluation because of the pound devaluation.

But then the story is reversed, when everyone thought he lost, he won again! Over the past few years, he went out from China to Europe. Li Ka Shing took advantage of the outbreak of the debt crisis in Europe to make a big money, adhered to his own opinion and made the action to accurately invest in Europe and gain a complete victory.

Hubei Provincial Secretary of China Communist Party is Mr.Li Hongzhong and other leaders met with Mr. Li Ka-shing, honorary president of YRIC

Now, YRIC Founding Honorary President Mr. Li Ka-shing's major companies have a substantial rise in the market value. In the field of business, Li Ka-shing has amazing extraordinary business talents to create his business empire which now becomes more and more strong.