Core Viewpoint - Li Ka-shing is accelerating the liquidation of real estate assets in mainland China, signaling a significant shift in strategy within the property market [1][3][13] Group 1: Sales Strategy - Li Ka-shing's recent sales include a 50% discount on 400 units across four projects in the Greater Bay Area, indicating a drastic reduction in pricing to attract buyers [1][3] - The projects involved are well-known, including Huizhou Longpo Garden and Dongguan Haiyi Haoting, with significant price cuts from their original listing prices [3][11] - The Huizhou project offers units starting at 400,000 yuan for 51 square meters, translating to a price of less than 8,000 yuan per square meter, a substantial discount from the original price range of 10,400 to 14,000 yuan per square meter [3][11] Group 2: Market Conditions - The Huizhou real estate market is experiencing high inventory pressure, with the Longpo Garden project, which launched in August 2020, still unsold [5][7] - The majority of previous buyers for these properties have been from Hong Kong, indicating a trend of Hong Kong residents purchasing properties in mainland cities due to local market pressures [5][7] - The Dongguan project has faced significant delays, with development taking nearly 28 years, highlighting challenges in the mainland property market [8][11] Group 3: Historical Context - Li Ka-shing's strategy of selling off mainland properties is not new; it began around 2013, with total cashing out exceeding 117 billion HKD [16][17] - The number of real estate projects held by Li Ka-shing in mainland China has drastically decreased from over 50 in 2021 to just 18 currently [17][18] - As of March 2025, the estimated value of Li Ka-shing's assets in mainland China is around 300 billion HKD, representing only 25% of his total global assets [18][19]