Hong Kong's economy is not so bad, employees pay must rise
Article from , the government repeated moves and increase supply to stabilize property prices, long and Department Chairman Li Ka-shing yesterday expected to attend the Annual Dinner of the Group this year, property prices will not sharp rises will not crash, fall by no more than 10%. He pointed out that this year, the performance of the global economy is still weak, Hong Kong's economy will also be "poor to save the small feat, but this year will be to the employees pay.
Li Ka-shing, property prices have come down a little, but the current land prices is not far off last year, the soaring cost of construction, expected this year, the Hong Kong residential property prices will be stable development. For the performance of the Chief Executive's policy of Leung Chun-ying, and repeated moves and increase public housing, is the reason for the fall in property prices cause, he said, too many people criticized the Chief Executive, he will not comment further, nor comment on the forthcoming policy address any expectations.
Not comment on the policy address expectations
He said the global economy, such as the United States, the European economy is still troublesome, the performance of the global economy is still weak and, therefore, the Hong Kong economy will also be poor to save the small feat, "However, if the Mainland economy is good, there will be incidental to Hong Kong will not be too poor. However, his long and in overseas business confidence the Group early investments in overseas such as petroleum, energy and water business, are unable to invest in the business, these businesses have a good performance.
Li Ka-shing, said in a dinner speech last year, is the excellent performance of the Group in the United States and Europe continued tight economic pressure, core business in 52 countries around the world, was still able to score well, this is not unexpected, Group colleagues has been the dedication of a group, and thanks to the efforts and contributions of length and line employees on behalf of each shareholder. He also reiterated the long and the Department will continue to invest in the Hong Kong market, but not big changes in its investment strategy.
Follow the "prudent contention ahead"
He pointed out that the world political and economic changes and more, a lot of the challenges of the future. However, long lines to follow robust in contention ahead "strategy, maintaining a healthy gearing ratio, is committed to the growth of established businesses at the same time, grasp the favorable long-term development of investment and technology opportunities in a changing market environment ahead, he the short, medium and long-term development of the Group is confident.
Asked Group employees pay plan this year, Li Ka-shing, said this year will be to staff a raise, but the rate of increase will depend on the employee's work, academic performance. He again reiterated that there is no retirement plan.
However, last year, the most unexpected teach people the the Lamma Island shipwreck, several colleagues family and relatives of the HEC aftermath giant Eritrea, joy Tour into the tragic night. He bluntly so long and tied with a big loss, except to thank my colleagues at this critical moment, solidarity, play each other watchmen truth.
Outlook 2013 Golden Snake auspicious dinner speech, Li Ka-shing Group over 260,000 colleagues would like to wish a Happy New Year, good health.
