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  • Forbes7 months ago

    Game Deals Help China Auto Entrepreneur Cross Billionaire Threshold

      China auto industry entrepreneur Wang Miaotong, chairman of Zhejiang Century Huatong Group, reached the world’s billionaire threshold on Tuesday on investor enthusiasm for the company’s digital game acquisition plans. Wang, 58, and son Wang Yifeng, 31, Huatong’s president and vice chairman, own a 27% stake in the Shenzhen-listed auto parts manufacturing

  • Forbeslast year

    The End Of Go-Private Deals? Some U.S-Traded Chinese Firms Are Unfazed By Market Volatility

    Update: Chinese social networking site YY and e-commerce retailer Dangdang have joined the ranks of U.S.-traded Chinese companies determined to return home, despite the worst selloff in two decades in Chinese stock markets. YY chairman Lei Jun, also founder of Chinese smartphone maker Xiaomi, and Chief Executive David Li are