Entrepreneurs
Ranks of China’s Billionaires Rose One-Third Last Year, Adding Two Per Week
The ranks of Chinese billionaires swelled by nearly one third last year, with an average of two more added each week.
HKEX Writes Up Sunac Chairman Sun Hongbin for Failing to Disclose Side Deal in 2015
The Stock Exchange of Hong Kong Ltd. has censured Sun Hongbin, chairman of property giant Sunac China Holdings Ltd. [HKG:1918],…
Uniqlo Founder Denies Rumors He Will Step Down, Introduces New Apparel Technologies
Fast Retailing Co. [TYO:9983], the parent Japanese Uniqlo Co. Toray Industries Inc. [TYO:3402], held an exhibition titled ‘The Art and…
Wanxiang Group Founder and Chairman Lu Guanqiu Dies Aged 72
Lu Guanqiu, founder of Wanxiang Group Corp., a major Chinese auto parts firm based in Hangzhou, Zhejiang province, has passed…
LeTV CEO Liang Jun Tenders Resignation, Takes Time Off
Leshi Internet Information and Technology Corp. [SHE:300104] may lose another key figure.
Dalian Wanda Group Senior VP and Legendary Entertainment CEO Jack Gao Bails From Wanda
After serving nine months as interim chief executive (CEO) of Legendary Entertainment -- also known as Legendary Pictures -- Jack…
Gome Refutes Rumored Release of Its Founder
Rumors recently made the rounds that Huang Guangyu, founder of leading Chinese electronics retailer Gome Electrical Appliances Holding Ltd., would…
Evergrande’s Xu Jiayin Tops Hurun China Rich List 2017, Tencent Founder Pony Ma Takes Second
Xu Jiayin, the 59-year old founder of real estate giant China Evergrande Group [HKG:3333], took the top spot in the…
Jia Yueting Sues Whistleblower Gu Yingqiong for Publishing False Information That Delayed Asset Sales
The Los Angeles District Court in California, US has issued a temporary restraining order against whistleblower software engineer Gu Yingqiong,…
Gree Dismisses Reports Suggesting President Dong Mingzhu May Resign as Groundless
Chinese air-conditioning giant Gree Electric Appliances Inc. of Zhuhai [SHE:000651] has responded to reports that its chair Dong Mingzhu could…
First Capital VP’s Resignation May Relate to Firm’s Asset Restructuring, Market Analysts Suggest
The resignation of Liang Xuelai, vice president at Shenzhen-based innovative securities firm First Capital Securities Co. [SHE:002797], may relate to…