Editor's note: While China is cleaning up the big tigers in officialdom, can the big tigers in the economy sleep peacefully?Yes, Li Ka-shing is the real big tiger in China's real estate sector. A few days ago.Hong Kong tycoon Li Ka-shing, 86, "moved" to the Cayman Islands "a stone stirred up a thousand waves", triggering speculation.So why did Li Ka-shing bolt?

Li Ka-shing from 1992 into the mainland real estate sector, in China's first-tier cities led by the North, Shanghai and Guangzhou that is a siege, busy areas can always be seen in the Cheung Wo system of iconic buildings. How much land has Li Ka-shing hoarded in the Mainland? In this reorganization of Hutchison Whampoa and Cheung Kong Holdings, Li Ka-shing publicly disclosed for the first time the land reserve of Cheung Kong Holdings in the mainland: 15.8 million square meters.

Many people say, compared with my great China's 9.6 million square kilometers of land, Li Ka-shing, their family hoarded that land is simply a drop in the bucket. Don't joke, Li Ka-shing is not going to the desert, mountain building? Don't look at Li Ka-shing's relocation of the Cheung Wo Department to the Cayman Islands.His domestic land bank accounts for more than 75% of the global land bank of the entire Cheung Wo system.The Mainland has been the lifeblood of Li Ka-shing and his family's real estate industry for a very long time.

Why do you say that LI Ka-shing is a big tiger in the real estate sector?

China's real estate sector used to be very fond of hoarding land, making many local governments quite angry. We all know that now the domestic never allow real estate developers to hoard land for a long time, but Li Ka-shing from 1992 to the present, the Cheung Wo Department in the real estate sector is a famous hoarder, Beijing, Shanghai, Guangzhou, such as the first-tier cities, the Cheung Wo Department of land hoarding for 10 years that are commonplace.A project near Beijing's Thirteen Tombs, 10 years old and still hasn't started yet.A project of the Cheung Wo family in Zengcheng, Guangdong Province, fetched a premium of nearly 100 times by hoarding land.

The Changshi Shanghai Zhenru project is a highly strategic project in Putuo District, which is planned by the local government to be the urban sub-center of Shanghai. Once completed, Zhenru will be one of the four major urban sub-centers of Shanghai, along with Xujiahui, Wujiaochang and Pudong Huamu. Changshi took 19.7 hectares of land in 2005 and planned to build "the first building in the west of Shanghai". The land is in hand, but Changshi has not moved. If the project is delayed, the construction of the entire planning area will not be carried out as scheduled.The Shanghai Municipal Government wrote a handwritten letter to the management of Cheung Kong Holdings in 2009 in order to get Li Ka-shing and his men to develop it as soon as possible.At that time, the premium on the land hoarded by LTHS was 300%.Li Ka-shing netted $6 billion in land premiums just by lying there.

Why is Li Ka-shing so good?

Because Li Ka-shing's Cheung Wo Department has always taken the local area key land, the development of a region that is pivotal ah, such as the Shanghai Zhenru project, the introduction of Li Ka-shing them that is the local government's strategic key to the development of the region. Encounter hoarding problems, the local government is always concerned about ah, once the Li Ka-shing them out, they will accuse the local government in the construction process to make things difficult for enterprises, public opinion will condemn the local government, the local government will be back on the bad reputation of negligence, and even in the development of the whole region's image of the process of a big drop, leading to investment in a predicament. In the game again and again, Li Ka-shing, they gradually formed a kind of big privilege of the unspoken rules.

Li Ka-shing in the Mainland land hoarding encountered exposure is not once or twice, each time they can always put the blame on the clean, but never the Government to come forward to refute, in addition to the so-called strategic, face-saving issues, the more critical is that Li Ka-shing business secret is safety. What is security? It is dependent on the high-level relationship, which is also an important bargaining chip for them to play with the local government. Now that the government is cleaning up the big tigers, who would dare to risk universal condemnation to give the green light to the subterfuge of the privileges of the large households? Now that China's economic situation is grim and the government wants to accelerate urbanization, Li Ka-shing's privileges have already affected the government's urbanization strategy, so how can Li Ka-shing be allowed to have his privileges again?