Yesterday, Buffett’s cash on hand was 375 billion US dollars.


Today, let’s take a look at Buffett in China, Li Ka-shing.
Yesterday, Li Ka-shing’s company, Cheung Kong Property Holdings, released an announcement.
Li Ka-shing cashed out another 45.5 billion Hong Kong dollars.
Over the past two years, Li Chaoren has sold the UK National Grid, UK Rail, and UK Telecom.
In total, he cashed out 220 billion Hong Kong dollars, and today he cashed out another 45.5 billion.
It’s also one of the companies with the most cash domestically.
All major companies are cashing out to hold cash—what exactly are they preparing to do?
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