Hysan

"Thus, in 1890, he and his younger brother Li Wenyi left their birthplace, Shuiwell village in Pingxiang, boarding a ship in Fuzhou bound for the "Gold Mountain," San Francisco (historically referred to as "Gold Mountain," and later changed to "Old Gold Mountain" after Australia discovered gold, calling Australia the "New Gold Mountain" to distinguish) to start a new life (Li Dehui, 1995:48)."

"In March 1848, the discovery of gold reefs in the western United States, California, was reported in various publications. News quickly spread to the southern coast, attracting many villagers. In 1849, shipping companies in China published advertisements recruiting laborers to go to the United States for gold prospecting. The advertisement read: "The American people are the richest in the world, and they welcome the Chinese. Once you arrive in the United States, there are big houses to live in, high wages, good clothes, and food... Do not doubt, and immediately embark on the road to prosperity." (Wei Guanzhong, 1977: 1)"

""In those days, the two brothers moved to Hong Kong... established Xichanglong Company at 202 Queen's Road Central. My great-grandfather and grand-uncle often traveled between Hong Kong and home," and the company's main business was "importing blue cotton from the British, selling it to Hong Kong residents." The term "blue cotton" refers to "indigo denim," a primary fabric used by the general public for making clothes (Li Dehui, 1995: 25), in considerable quantity."

"Therefore, while exploring how inland immigrants contributed to Hong Kong’s social and economic development, attention is also on the "overseas returning Chinese," even though fewer in number, they contributed significantly. Due to their many years living in the western world, gaining western perspective and capital, upon settling in Hong Kong, they effectively introduced (or absorbed) Western management models, boosting local enterprises' overall competitiveness. Their roots and experience in the West also positioned them perfectly as intermediaries expanding overseas trade, playing a crucial role in Hong Kong's emergence as a global business hub."

"This was due not only to his visionary foresight and acumen but also to his quick decision-making and decisiveness. However, his impetuous and uncompromising personality may also have been reasons for attracting too much attention and potential resentment, which in some cases, led to unfortunate outcomes. For these reasons, I believe it’s necessary to understand his unique character traits."

"during his early collaboration, due to his optimistic view of the market's prospects, he adopted a "buy low" strategy. However, some shareholders were concerned and hesitant due to the market's downturn at the time."