Liang Wengen | South China Morning Post
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Liang Wengen

Mainland bosses 'feel brunt' of stock slump

Liang Wengen

Retail investors might not be the worst-hit victims of the mainland's stock market downturn, new data suggests.

In fact, the top bosses of listed firms might have borne the brunt of the slump, their personal net worth shrinking dramatically.

Saturday, 8 December, 2012, 3:46am

Party ticket used to be a babe magnet, says billionaire Liang Wengen

Liang Wengen

Mainland billionaire Liang Wengen says he wanted to join the Communist Party more than two decades ago because membership gave a young man a better chance of finding a wife - especially a pretty one.

13 Nov 2012 - 3:58am 3 comments

Communist Party Central Committee not for me, tycoon Liang Wengen insists

Liang Wengen, the mainland's richest man and chairman of the Sany Group, gives an interview on the sidelines of the national congress. He called for more participation of private entrepreneurs like him at future party congresses. Photo: Simon Song

One of China's richest men, Liang Wengen, yesterday denied he would become an alternate member of the Communist Party's Central Committee, putting to bed rumours that have persisted since last year.

12 Nov 2012 - 10:54am