MIL-OSI China: More bulk buys to further lower medical costs
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More bulk buys to further lower medical costs--China Economic Net
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The Political Correctness of Hong Kong’s Tycoons
News Analysis
On May 4, Robin Zeng Yuqun, a new immigrant from mainland China, replaced Li Ka-shing as the richest man in Hong Kong when his net worth soared along with the company’s stock prices. In the context of Beijing’s “patriots ruling Hong Kong,” his new status attracted additional attention.
In Forbes’ real-time billionaires list, Zeng’s net worth stood at $34.5 billion that day, surpassing Li by $.2 billion.
However, on May 6, Zeng’s wealth dropped to $34.1 billion, putting Li Ka-shing back on the throne as Hong Kong’s richest man.
According to Forbes, Zeng is the founder and chairman of Contemporary Amperex Technology (CATL), one of the world’s largest suppliers of batteries for electric vehicles, headquartered in Ningde, Fujian Province.