Vincent Lo Hong-sui, who could be considered the Donald Trump of Shanghai, is taking a leaf out of the New York property mogul's book by appearing on television. The Hong Kong tycoon will launch a Chinese version of The Apprentice, the reality show pioneered by Mr Trump, to mount a national search for a talented young entrepreneur. News of the show came as it was revealed in New York that the Shui On Holdings chairman, who has invested in the Shanghai property market since the 1990s, is being sued by Mr Trump over the sale of a development in which the pair were partners, along with New World Development chairman Henry Cheng Kar-shun. The winner of the new show, to be launched in Shanghai tomorrow, will receive 1 million yuan to start a business. The show is being organised jointly by Shui On, Shanghai-based Dragon TV and the China Business News daily. It has yet to be given an official English name, but the Chinese name translates roughly as Wise Man Takes All. Entrants will have to map out a business plan, and short-listed competitors will be given a budget to put their plans into action.