Is Li Ka-shing also a Teochew?

Among the leading characteristics ascribed to the Teochew is an instinct for company and commerce, no matter if it’s a neighborhood grocery store or a worldwide corporation. Amongst a long list of well known Teochew entrepreneurs, the most notable are Li Ka-shing, formerly the richest man in China, and Ma Huateng, creator of Tencent, the firm that created the almighty WeChat and QQ. Roots

Check out this article about Teochew people and their culture

Li Ka Shin, in Real Estate

In 1958, unable to renew the lease for his business, Li was compelled to buy and develop a site by himself. An opportunity to obtain acreage arrived when many folks fled Hong Kong after the 1967 riots were in full swing. As a result, property prices plummeted. Li, believing the political crisis would be temporary, and property costs would finally grow, bought tracts of land at low costs.

Cheung Kong Holdings was publicly recorded in Hong Kong Stock Exchange in 1972. During board meetings, Li stated on numerous occasions his aim of surpassing the Jardines-owned Hongkong Land as a leading developer.

The successful bid by Cheung Kong for development sites in 1977 above the Central and Admiralty MTR stations was the key to challenging Hongkong Land as the premier property developer in Hong Kong. Despite its size, Jardines determined in the 1980s to protect itself from hostile takeover by Li or other external investors. The firm executed a cross-shareholding structure that was designed to place control in the hands of the Keswick family of Britain despite their less than 10% holdings in the group.

In China, Li has been selling part of his property holdings throughout 2014.

 

Way Way Back About Teochew

The Chaozhou people (generally called Teochew) are Chinese people, native to the Chaoshan area of eastern Guangdong province who talk the Teochew dialect. Now, most Teochew people live in Singapore, Malaysia, Thailand, Cambodia, Vietnam, Philippines, and Indonesia, particularly outside China in Southeast Asia. They are able to additionally be found virtually everywhere on the planet, including France, Australia and North America.

Chinese Teochew dialect is spoken by the Teochew; Teochew cuisine is also identifying. The ancestors of the Teochew people moved to present day Chaoshan from the Central Plains of China in order to escape from a chain of civil wars during the Jin Dynasty.

Historically, these individuals were called Helao or Fulao (Hoklo), as they came mainly from Henan and Shanxi via Fujian, with nicely-preserved language and customs from northcentral China.[citation needed] As was recorded in pedigrees and historical inscriptions, these individuals who’d initially migrated to southern Fujian, particularly from Quanzhou and Putian, made settlements toward Chaoshan in mountains and soon spread throughout the Chaoshan region.

Geographical isolation and difficulty in traveling in the past made Fulao or the Helao become a comparatively closed people. Lately, studies of genetic evaluation supported that although all Han Chinese share a common origin and are really connected, the Teochew had closest connections with the Minnan region of Fujian province and those from the Taihang Mountain variety of north central China.

The Teochew people are understood to Cantonese speakers as “Hoklo”, literally meaning “men of Fujian”, although the term “Teochew” was used in the Strait Settlements in the 19th century and early 20th century. “Teochew” is derived from Teochew prefecture (Chaozhou Fu) the departmental city where they originate