Qianmen Street in Beijing is known as flag set in the world's most dramatic heart of a huge market.
CTF gold shop as a starting point,UGG boots clearance, Cheng Yu-tung Hong Kong finally among the ranks of the top rich.'s huge wealth, but not luxury. ;
to Queen's Road, the first CTF gold shop as a starting point, Cheng Yu-tung Hong Kong finally among the ranks of the top rich.'s huge wealth, but not luxurious.
vicissitudes legendary
completed before the store is Chow Tai Fook brand in the Asia-Pacific region's largest and most comprehensive products, environmental services, the highest specifications flagship store. completion date, an old man came down steadily from the bus, the front door to the lively pedestrian street watching the opening ceremony. roadside tourist ceremony Few people know, the old man named Cheng Yu-tung, the current Chairman of Chow Tai Fook Group.
fact, mention of Chow Tai Fook, the Mainland and those who know the public. But mention Cheng Yu-tung, the knowledge of so few. Many consumers and even the brand that CTF The boss called CTF. But the industry knows that, with the vicissitudes of life and the personal touch of the legendary Cheng Yu-tung is the jewelry industry for decades to witness weather changes, has a 81-year history of the Chow Tai Fook brand can develop to this day, if Cheng Yu-tung to say can not imagine not.
as the Chow Tai Fook Group Chairman Cheng Yu Tung is probably the most talked about his wealth. 84 years old this year, his 6.8 billion on the Forbes 106 rich list ranked the world the top five richest Chinese. However, few know that such a person, but of humble origins, never graduated from high school, completely by scratch, and lay a piece of the world.
first nine gold
Cheng Yu-tung launched four 1925 Born in Guangdong Shunde County. young family was not very good, but his parents telling expectations are high, food and clothing to send him to school. to the Cheng Yu Tung in middle school, year after year within Guangdong war, the difficulties of life, he had dropped out of school makes The whole family took refuge Macau to make a living.
1940, the father sent his old friend Cheng Yu Tung Yuan of the open weeks, to learn to do business. Cheng Yu-tung love brains, learn other people's strengths, improve their weaknesses, to three years was promoted to director.
Cheng Yu-tung in 1946, holding two million in cash to Hong Kong to set up a CTF payments OK, this is the first independently Cheng Yu-tung career in the world. From 1956, Chow Tai Fook Cheng Yu-tung took over officially by the Chow Tai Fook Cheng Yu-tung era from entering. when the Hong Kong gold shops are numerous, competition is very fierce. taking into account the general gold shop 99% of all of Gold, that Kim Hong. To win in the competition, Cheng Yu-tung decided to launch four first nine (ie,UGG bailey button, 99.99% gold) gold, representing the three nine gold (ie 99.9%) higher gold content, although immediately the customer profit door of the cost is enormous, each selling one or two payments, should tens of dollars losses. But Cheng Yu-tung believes that this is a free ad, you can win consumers. After two years, really need to do publicity , Chow Tai Fook casting various shops are trying to pick up gold. It not only brought huge profits of Chow Tai Fook, the more he brings a good reputation.
fully into the field to real estate in the business
After the success of the jewelery industry, Cheng Yu-tung and boldly set our sights on real estate. the mid 60s of last century, many rich people will land, cheap real estate to sell, and Cheng Yu-tung is upstream, a large purchase of real estate. He believes that all sectors are cyclical rise and fall of the Hong Kong property is promising, but then the fact that he really did nothing wrong.
70s of last century, Cheng Yu-tung of New World Development Company Limited formed with others, to the comprehensive real estate into .1982 years completion of the New World Centre. then when the Cheng Yu Tung purchased the Zhekuaidipi, pay the highest premium in Hong Kong, now with the soaring real estate prices, only Zhekuai to Jiuyi value of 10 billion Hong Kong dollars, New World Hotel and Regent hotels entered the ranks of the world's top ten hotels. because of his often bold investment by outsiders as a hotels, transportation and other fields of large groups, the market value of over 256 billion Hong Kong dollars.
development in the Mainland China dramatic
Cheng Yu-tung in the development of the same eye-catching. CTF first step to start business in Mainland China, August 1993 is the form of joint venture business in Wuhan. since 1998 has been officially entered the mainland in just four years, which opened 100 franchise stores, currently has six consecutive years in China's jewelry market share of top-ranked comprehensive. in accordance with the Chow Tai Fook's plan, shop in 2020 had reached 2,000, of which a considerable portion of the establishment in the Mainland.
do not know the face of the birth of the 1,000 stores in the scene, the 84-year-old billionaire what to think. Previously,UGG shoes, Cheng Yu-tung few interviews to the media. When asked about the road to riches, the Cheng Yu Tung said: is the most important, then the l word sincerity r that with these two points, your career can basically laid. do not sacrifice principle for profit, down to earth to do business, Cheng Yu-tung have been considered to be fundamental fortunes.
81 years old, from the century-old only one step away .81 years ago, the CTF may only start when the sustenance of the troubled times to support the family of a craftsman in the ideal of .81 years later,bailey UGG boots, the CTF's goal is
hot trend to push the vanguard magazine winter coat
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