家园 › 管理综合 › [转帖]李嘉诚：80岁后的保守与理性

taomugeda 发表于 2009-6-25 10:01:22

[转帖]李嘉诚：80岁后的保守与理性

 
<p class="MsoNormal"><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">李嘉诚：</span><span lang="EN-US">80</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">岁后的保守与理性</span><span lang="EN-US"><?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-US"><span style="mso-spacerun: yes">&nbsp;&nbsp;&nbsp;&nbsp; </span></span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">迈入</span><span lang="EN-US">80</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">岁高龄的李嘉诚，似乎注定要在争议声中开始他的“</span><span lang="EN-US">80</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">后”生活</span> <span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal"><?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1:chsdate isrocdate="False" islunardate="False" day="5" M="M"year="2009" w:st="on"><span lang="EN-US">2</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">月</span><span lang="EN-US">5</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">日</span></st1:chsdate><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">出炉的《福布斯》香港富豪榜上，“李超人”再度毫无悬念地蝉联首富，但是所有的相关报道都不忘在标题中提上一句：“其总资产缩水一半”。与此同时，李嘉诚在内地的一系列运作，也在市场层面引起了非议。当所有人都在金融危机的阴影下心惊胆战的时候，超人究竟会如何续写他长达</span><span lang="EN-US">60</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">年的不亏神话？</span> <span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">李超人语录：做生意似划艇，我一定会想：有没有足够气力由</span><span lang="EN-US">A</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">到</span><span lang="EN-US">B</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">？又想：有气力划回来吗？</span> <span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">或许也正因为保守，这个</span><span lang="EN-US">80</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">岁老头总是能够比年轻人更敏锐地捕捉到风险的气息。一个典型的例子是，早在</span><span lang="EN-US">2006</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">年，他就提醒和记黄埔的高级管理团队，要减少债务、准备好应对危险；而在</span><span lang="EN-US">2007</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">年</span><span lang="EN-US">5</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">月，他以少有的严肃口吻提醒</span><span lang="EN-US">A</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">股投资者，要注意泡沫风险，半个月之后，“</span><span lang="EN-US">5</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">•</span><span lang="EN-US">30</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">”行情开始拖累</span><span lang="EN-US">A</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">股一路暴跌。</span> <span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-US">2007</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">年</span><span lang="EN-US">8</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">月，“港股直通车”刺激市场出现非理性飙涨，李嘉诚再次发出忠告，香港股市与内地股市均处于高位，投资有风险。也正是在此时，他公开提醒股民要留意美国的次贷问题，而此时大规模的次贷危机还远未爆发。当时，一些股评家曾尖锐地批评李嘉诚“不懂股票市场”，但最终事实证明了孰对孰错。</span> <span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">比起在金融危机中栽了跟头的华尔街行家们，李嘉诚的明智并不是来源于任何深奥的理论。恰恰相反，他用了一种过于朴素的语言来解释自己对于金融危机爆发的认识：“这是可以从二元对立察看出来的，举个简单的例子，烧水加温，其沸腾程度是相应的，过热的时候，自然出现大问题。”</span> <span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">李超人语录：你一定要先想到失败，从前我们中国人有句做生意的老话：“未买先想卖。”在你还没有买进来之前就要先想怎么卖出去。你应该先想失败会怎么样。我在做任何项目时，都会要用</span><span lang="EN-US">99%</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">的时间去考虑失败，用</span><span lang="EN-US">1%</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">的时间去考虑收益。</span> <span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">尽管由于长实与和黄的股价下跌，导致李嘉诚的身家出乎意料地“缩水过半”；但是港交所披露的数据显示，由于</span><span lang="EN-US">2007</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">年其在股价高位时将多只中资股及时套现，在很大程度上避免了损失。同样是出于这种谨慎的做法，当富豪榜上的其他巨擘纷纷因炒作累股证而折戟时，李嘉诚的保守更有了些独善其身的意味。</span> <span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-US"><span style="mso-spacerun: yes">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">“持盈保泰”是李嘉诚应对危机的公开策略，“精简投资”则是其核心所在。</span> <span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">仅从</span><span lang="EN-US">2007</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">年中资股套现的过程中，李嘉诚便实现回笼资金至少上百亿港元。对持有近</span><span lang="EN-US">10</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">年的南方航空，他在两个月的时间里密集减持</span><span lang="EN-US">10</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">次之多，共减持</span><span lang="EN-US">1.62</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">亿股，套现</span><span lang="EN-US">17.02</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">亿港元；对中远控股的</span><span lang="EN-US">6</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">次操作，则使其获利</span><span lang="EN-US">44.07</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">亿港元；二五次大幅减持中海集运，则令他套现</span><span lang="EN-US">20</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">亿港元。</span> <span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">有人替李嘉诚算了一笔账，如果李嘉诚没有进行减持，而依然将这些股份保留至去年</span><span lang="EN-US">10</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">月底，那么他对这三只股票的实际持有价值仅剩不到</span><span lang="EN-US">14</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">亿港元，其跌幅高达</span><span lang="EN-US">86%</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">至</span><span lang="EN-US">91%</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">。也正因为如此，虽然一贯强调“做实业”的李嘉诚对于“股神”的头衔毫无兴趣，但是人们依然津津乐道于这腾转挪移间的“神来之笔”。</span> <span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">“要永远相信，当所有人都冲进去的时候要赶紧出来，所有人都不玩了再冲进去。”李嘉诚在长江商学院的一次课程上的表述，与“股神”巴菲特的“恐惧贪婪说”有着异曲同工之妙。《福布斯》富豪榜公布后，香港《大公报》撰文指出，富豪们缩水的财富是以股份市值为主的数字，其实质是“虚拟财富”。只有持有现金的人，此时才真正拥有真金白银。</span> <span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">李超人语录：流动资金，你一定要非常留意。因为有的公司有了盈利，但是没有现金流的时候，就会容易撞板。</span> <span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">李嘉诚对于现金的偏爱是有目共睹的。“持盈保泰”策略的执行结果是，旗下和记黄埔多达</span><span lang="EN-US">69%</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">的持有资金，以现金形式存放，接近</span><span lang="EN-US">1190</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">亿港元。其他主要投资则放在最稳妥的政府债券上，而股票投资所占比重相当之小，企业债券、结构性投资工具和累积期权产品则完全没有投资。</span> <span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">从去年</span><span lang="EN-US">5</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">月开始，李嘉诚便不断开始抛售其名下的上海地产物业。这一度被业界视为外资看空中国楼市、大举套现离场的信号。反而是一些观望者对于李嘉诚的做法看得更为淡定。一项针对这一事件的网络调查显示，</span><span lang="EN-US">61.9%</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">的网民认为，这是“现金为王”的明智之举，值得学习。</span> <span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">保持高现金的同时，低负债也是李嘉诚必须坚守的原则。据了解，目前李嘉诚旗下企业资产的负债率仅保持在</span><span lang="EN-US">12%</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">左右。他有一句名言：“我不欠别人一分钱，因此睡觉睡得好。”经济学家郎咸平的评价是：“也许很多人会说李嘉诚胆子太小了，但我认为稳健才是李嘉诚成功的法宝。”</span> <span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">大量现金在握，正是李嘉诚多次成功实现大手笔投资的关键所在。例如</span><span lang="EN-US">1979</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">年收购和记黄埔以及</span><span lang="EN-US">1985</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">年买下香港电灯，他都是在极短的时间内调动巨额现金完成的，这令任何一个竞标对手望尘莫及。有人揣测，李嘉诚很可能是在等待另一个危机后复苏期，届时他肯定会将手头的“鸡蛋”投入更好的篮子。从这个意义上说，今天的“惜金”行为更像是在养精蓄锐。</span> <span lang="EN-US"><o:p></o:p></span></p>

taomugeda 发表于 2009-6-25 10:01:48

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<p class="MsoNormal"><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">李超人语录：投资环境是否成熟，决定于瞬间的时机把握，既要反对盲目的投资，又要摒弃乐观的投资。总而言之，要掌控一个度。</span> <span lang="EN-US"><?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o:p></o:p></span></p>
<p class="MsoNormal"><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">几乎每一次危机，都能够激发李嘉诚惊人的创富能力。</span><span lang="EN-US">1996</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">年的《福布斯》全球富豪排行榜中，李嘉诚以</span><span lang="EN-US">106</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">亿美元的身家名列香港富豪第三位，居于李兆基家族和新鸿基郭氏兄弟之后；但</span><span lang="EN-US">1997</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">年亚洲金融危机爆发后，其财富反而在两年内迅速暴涨，并于</span><span lang="EN-US">1999</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">年首次坐上香港首富的宝座。</span> <span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-US">2007</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">年出炉的全球富豪排行榜中，李嘉诚的身家比位列第二的李兆基多出</span><span lang="EN-US">50</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">亿美元，而次贷危机爆发后，</span><span lang="EN-US">2008</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">年的排行榜中，二者间的财富落差已经达到</span><span lang="EN-US">75</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">亿美元。在金融危机中，“长和系”比李兆基“恒基系”的股价跌幅小得多，因此有人预测，此番博弈之后，二者的财富差距将进一步扩大。</span> <span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">值得注意的是，就在李嘉诚实行“持盈保泰”策略的同时，他对于增持自家股份的热情却与日高涨。</span><span lang="EN-US">2008</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">年</span><span lang="EN-US">4</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">月至</span><span lang="EN-US">7</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">月，李嘉诚先后</span><span lang="EN-US">10</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">次斥资</span><span lang="EN-US">5.8</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">亿港元增持长实；</span><span lang="EN-US">9</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">月底至</span><span lang="EN-US">10</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">月初的一个多星期，又继续投入</span><span lang="EN-US">3525</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">万港元增持长实；</span><span lang="EN-US">10</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">月底，他连续四次增持和记电讯国际股份；</span><span lang="EN-US">11</span><span style="FONT-FAMILY: 宋体; mso-hansi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'">月，又出手增持和黄。</span> <span lang="EN-US"><o:p></o:p></span></p><span style="FONT-SIZE: 10.5pt; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-hansi-font-family: 'Times New="New"Roman'; mso-bidi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">李嘉诚牛年首次出手，依然是继续增持自家股份。港交所披露的信息显示，从</span><?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1:chsdate isrocdate="False" islunardate="False" day="3" M="M"year="2009" w:st="on"><span lang="EN-US" style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New="New"Roman'; mso-font-kerning: 1.0pt; mso-bidi-font-size: 12.0pt; mso-fareast-font-family: 宋体; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">2</span><span style="FONT-SIZE: 10.5pt; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-hansi-font-family: 'Times New="New"Roman'; mso-bidi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">月</span><span lang="EN-US" style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New="New"Roman'; mso-font-kerning: 1.0pt; mso-bidi-font-size: 12.0pt; mso-fareast-font-family: 宋体; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">3</span><span style="FONT-SIZE: 10.5pt; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-hansi-font-family: 'Times New="New"Roman'; mso-bidi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">日</span></st1:chsdate><span style="FONT-SIZE: 10.5pt; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-hansi-font-family: 'Times New="New"Roman'; mso-bidi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">至</span><span lang="EN-US" style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New="New"Roman'; mso-font-kerning: 1.0pt; mso-bidi-font-size: 12.0pt; mso-fareast-font-family: 宋体; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">6</span><span style="FONT-SIZE: 10.5pt; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-hansi-font-family: 'Times New="New"Roman'; mso-bidi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">日，李嘉诚三度出手增持长实股份，涉及资金</span><span lang="EN-US" style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New="New"Roman'; mso-font-kerning: 1.0pt; mso-bidi-font-size: 12.0pt; mso-fareast-font-family: 宋体; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">533.275</span><span style="FONT-SIZE: 10.5pt; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-hansi-font-family: 'Times New="New"Roman'; mso-bidi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">万港元。几乎与此同时，李兆基、郭氏家族、郑裕彤等香港富豪也都采取了同样的增持策略。有评论者认为，此举除了摊薄股价下跌带来的亏损压力外，也有明显的提振投资者信心的意味。</span><span style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New="New"Roman'; mso-font-kerning: 1.0pt; mso-bidi-font-size: 12.0pt; mso-fareast-font-family: 宋体; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA"> </span><span style="FONT-SIZE: 10.5pt; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-hansi-font-family: 'Times New="New"Roman'; mso-bidi-font-family: 'Times New="New"Roman'; mso-ascii-font-family: 'Times New="New"Roman'; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">（来源：国际财经时报）</span>

yiqt 发表于 2009-7-20 10:41:59

<p>感动，超人，真的是商业奇才</p>
<p>‘</p>

yiqt 发表于 2009-7-20 10:42:52

有没有超人的视频演讲资料呀

yiqt 发表于 2009-7-20 10:43:47

如果可以开通视频区资料库就好了，希望信息室立体的，不只是有文字，还希望有影音

查看完整版本: [转帖]李嘉诚：80岁后的保守与理性