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  1. Alleged insider trader on 'Forbes' rich list for years

    Posted Jul 31st 2012, 12:00am

    ... by Forbes with an estimated wealth of US$78 million in 2001, when he was just 33. This March, Forbes estimated his net worth at US$2.6 billion and ranked him the 14th richest person in Hong Kong. It described Zhang, 43, as a Hong Kong resident. Zhang was listed with a Shanghai residential address under Hong Kong corporate records in 2003. In its 2001 report, Forbes said he was born in Jiangsu ...

  2. New World's Cheng climbs Forbes rich list

    Posted Jan 07th 2012, 12:00am

    ... Denise Tsang denise.tsang@scmp.com Property tycoon Cheng Yu-tung made the most gains on the latest Forbes rich list even though real estate developers have been hit hardest in the economic slowdown. The executive chairman of New World Development is the No 4 richest person in Hong Kong following the listing of his firm's jewellery retail arm, Chow Tai Fook Jewellery, last month. ...

  3. Sany Heavy chairman tops Forbes rich list

    Posted Sep 09th 2011, 12:00am

    ... according to the annual Forbes China rich list released yesterday. Liang, 55, moved up two notches from third richest mainlander last year as his wealth grew from US$5.9 billion to US$9.3 billion. ... construction,' Forbes said in a statement. 'The increasing investment in infrastructure brought huge benefits to heavy machinery makers.' Sany also plans to list on the Hong Kong stock ...

  4. Mainland muscles up Forbes list

    Posted Apr 05th 2008, 12:00am by Nick Westra

    ... Booming mainland firms have not only captured the world's attention, they have also seized a significant chunk of its market share as well, according to a ranking by Forbes magazine released this week. The mainland's representation on Forbes' latest annual Global 2000 list of largest public companies surged to 70 from 44 last year. Those from Hong Kong, however, ...

  5. Netease chief tops Forbes rich list

    Posted Oct 31st 2003, 12:00am by Staff Reporter

    ... Andrew K. Collier in Beijing Most of the wealth still sits with property and industrial firms Netease founder William Ding Lei heads the Forbes list of the nation's richest people ... the China richest list primarily tracked the land rush and the early entrepreneurs in China in the coastal provinces,' said Tim Ferguson, editor of Forbes Global. 'With this list, we ...

  6. Citic chairman tops Forbes' China rich list

    Posted Nov 05th 2004, 12:00am by Staff Reporter

    ... Alice Yan Larry Yung Chi-kin, the chairman of Hong Kong-listed conglomerate Citic Pacific, tops this year's list of the richest people in China as compiled by Forbes. With personal assets of US$1.49 billion, Mr Yung, 62, leads the wealth list released yesterday, followed by Gome Appliance founder and chairman Wong Kwong-yu, with US$1.3 billion. Chen Tianqiao, 31, ...

  7. Mainland billionaire club members rise to 106 as markets soar

    Posted Oct 11th 2007, 12:00am by Chloe Lai

    ... according to Shanghai-based Hurun Report. The number of US billionaires listed by Forbes magazine was fewer than 415 in March. Germany has 55 billionaires, Russia 53, India 36 and Japan 24, Forbes said. Hurun only lists billionaires in the mainland, and refers to Forbes for other countries. The Forbes list of mainland billionaires for this year was unavailable. Last year, the mainland had ...

  8. 40 new names on the rich list

    Posted Oct 13th 2003, 12:00am by Mark O'Neill

    ... on Thursday, two weeks ahead of the widely distributed rival list produced by Forbes magazine, which first ran the rankings in 1999. Rupert Hoogewerf, the chartered accountant who drew up the list for Forbes for four years, parted company with the firm in June and teamed up with the London-based Euromoney. Forbes is using its own staff to prepare its list, to be published on October 30. Mr ...

  9. China tax figures don't add up

    Posted Sep 14th 2003, 12:00am by Ray Cheung

    ... If the top businessmen are as rich as Forbes magazine claims they are, their firms are not paying their dues. Only four of its top 100 are on the list of the 50 biggest taxpayers Companies ... included in Forbes Magazine's 100 wealthiest list showed up in the State Administration of Taxation's 2002 report of the 50 biggest private business taxpayers. None of the companies run ...

  10. Troubled tycoons: five men who flew too close to the sun

    Posted Feb 17th 2007, 12:00am by Staff Reporter

    ... of 2005, according to Forbes. Yang Bin, chairman of Euro-Asia Agriculture was sentenced to 18 years in jail in 2003 and fined 2.3 million yuan for forging documents and bank bills, and inflating statements about the company's paid-up capital. Forbes magazine ranked him as the mainland's second richest man in 2001 with 7.5 billion yuan of assets.Chau Ching-ngai, chairman ...




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