Core Viewpoint - The article discusses the legendary business figures Li Ka-shing and Li Zhaoji, highlighting their long-standing rivalry and contrasting business philosophies, especially in light of recent events surrounding their legacies and business decisions [2][16]. Group 1: Li Zhaoji's Early Life and Career - Li Zhaoji was born in 1928 in Guangdong and showed remarkable business acumen from a young age, learning from his family's gold and currency exchange business [3][4]. - He moved to Hong Kong in 1948 with 1,000 HKD, initially engaging in foreign exchange and gold trading before shifting focus to real estate [5][6]. - In 1958, he entered the real estate market and co-founded Sun Hung Kai Properties in 1963, introducing innovative sales strategies that made home ownership accessible to ordinary Hong Kong residents [6][7]. Group 2: Business Strategies and Achievements - Li Zhaoji's strategies included purchasing "land exchange certificates" and redeveloping old buildings, which allowed him to acquire land and properties at advantageous prices [8][9]. - He became one of Hong Kong's wealthiest individuals, with significant returns on investments, such as turning a 20 million HKD investment into 400 billion HKD over 18 years [11]. - His business acumen led to the establishment of Hang Lung Properties, further solidifying his status in the real estate sector [9][10]. Group 3: Rivalry with Li Ka-shing - Initially, Li Zhaoji and Li Ka-shing were close collaborators, but their relationship soured after a series of competitive business dealings, including a significant acquisition by Li Zhaoji that cost Li Ka-shing dearly [10][12]. - Their rivalry intensified over the years, with both engaging in high-stakes projects and public disputes, such as the controversy surrounding the Hong Kong-Zhuhai-Macao Bridge [14][16]. - The article contrasts their legacies, with Li Zhaoji being recognized for his contributions to society and education, while Li Ka-shing faces scrutiny over recent business decisions involving the sale of port assets to a U.S. consortium [15][16].