The poor are poor, the rich are rich

Chapter 31 4 The Weak Overcome the Strong
Chapter 64 The Weakness Overcomes the Strong
In the business field, it is by no means impossible for the "weak" to win over the strong.With a clear mind and the ability to strategize, you can turn "impossible" into "possible".

There is a saying called "the weak eat the strong", which means that the weak will always be swallowed by the strong.In real life, the weak are often the ones who lose power, but there are exceptions in shopping malls.Many businessmen rely on their super business acumen and amazing courage to fight big with small things, take the lead in the fiercely competitive game of interests, and realize their dreams of wealth.

Li Zekai is one of them.He has created miracles one after another during his more than [-] years in business, from a little-known student to Hong Kong's "Little Superman".The media even joked that he made more money in one day than his father Li Ka-shing made in his entire life.While lamenting Li Zekai's extraordinary ability to make money, people can't help studying his brilliant fortune history, the most noteworthy of which is the acquisition of Hong Kong Telecom.

Before Li Zekai's Yingke Digital Power acquired Hong Kong Telecom, few people knew about his Yingke Center in Beijing, and even the taxi driver could not tell the exact location.After the completion of the merger, Yingke and Li Zekai became legends passed on by word of mouth.

In 2000, Li Zekai was not favored before he announced his bid for Hong Kong Telecom, because his qualifications were still young and he lacked funds.At that time, Yingke had only been established for a few months and had not yet made any money. According to media reports, Yingke lost HK$1999 million in 3970.Compared with Hongkong Telecom, it is a real "little ant".Hong Kong Telecom's status is equivalent to China Telecom in the Mainland. Its major shareholder is the British company Dadong Telegraph and Telegraph. Dadong is a multinational company with more than 4 employees and has its own business in more than 70 countries and regions around the world. .For a period of time, Hong Kong Telecom's profits have been quite stable, with a total share capital of 119.6 billion, and it has been praised by Hong Kong people as "a golden rooster that can only lay eggs."

But the prosperity on the surface cannot hide the emptiness inside.In the capital market, Hong Kong Telecom's development prospects are no longer optimistic. Short-term profits cannot activate its long-term market, and it also faces strong competition from other companies.There are only a few million Hong Kong people, and several major companies "divide and eat them", and the result can be imagined.Due to the general environment, the British major shareholder has decided to go, and the matter of finding a takeover company is on the agenda.At first, the British contacted SingTel, but they were unanimously opposed by Hong Kong people and the media. They were unwilling to let a foreign state-owned company control their communication industry.

It was at this time that Li Zekai announced his intention to acquire, and the people of Hong Kong were very happy.Without money, Li Zekai began to borrow from banks. Bank of China, HSBC, BNP Paribas, and Barclays Bank lent a total of 130 billion US dollars to Yingke. Combining his own original funds, Li Zekai spent a total of 380 billion on the acquisition of Hong Kong Telecom. Dollar. "Small fish eat big fish" created the biggest merger case of the year.Yingke has also become a global super enterprise, and Li Zekai's personal assets have skyrocketed.

Some analysts believe that Li Zekai's decision to merge Hong Kong Telecom not only took a fancy to its high-tech elements, but also took a fancy to the talents of Telecom itself.With the completion of the acquisition, a group of top technical personnel came to Yingke, and their arrival made Yingke even more powerful, and it is just around the corner to become the largest Internet company in Asia.

This is Li Zekai's way of creating wealth, using small things to fight big, and four or two to make a big difference.A successful businessman must have courage and the spirit of daring to fight against everything.We should not give up the belief of continuing to fight because we are temporarily weak, and fighting for the first place must become a constant pursuit.If Li Zekai had given up the opportunity to bid because of his "littleness", he would not have achieved today's brilliant results, and he would not be able to shake off the hat of "relying on Li Ka-shing to prosper".But "struggling big with small things" is not reckless. You must know how to use business acumen, and blindly reckless is tantamount to suicidal.Only after having a deep understanding of one's actual ability and accurately distinguishing the current situation can the "little ants" bring down the "elephant" in a good show.Excellent businessmen are often excellent resourcemen, and fighting in shopping malls is not much easier than charging on the battlefield. Only by fully mobilizing one's wisdom can one draw the seemingly distant wealth to one's side.

(End of this chapter)