Mainland tech entrepreneurs like Jack Ma Yun (right) and Robin Li Yanhong are likely to emulate their peers in the Silicon Valley and hand over the reins to professional managers rather than pass them down to their family. Photos: AP, EPA Mainland tech entrepreneurs like Jack Ma Yun (right) and Robin Li Yanhong are likely to emulate their peers in the Silicon Valley and hand over the reins to professional managers rather than pass them down to their family. Photos: AP, EPA
Mainland tech entrepreneurs like Jack Ma Yun (right) and Robin Li Yanhong are likely to emulate their peers in the Silicon Valley and hand over the reins to professional managers rather than pass them down to their family. Photos: AP, EPA

China's rich are less likely to keep business in the family – unlike Hong Kong’s wealthy

Unlike elsewhere in Asia, first-generation entrepreneurs in China are less likely to pass down their companies to their descendants

Mainland tech entrepreneurs like Jack Ma Yun (right) and Robin Li Yanhong are likely to emulate their peers in the Silicon Valley and hand over the reins to professional managers rather than pass them down to their family. Photos: AP, EPA Mainland tech entrepreneurs like Jack Ma Yun (right) and Robin Li Yanhong are likely to emulate their peers in the Silicon Valley and hand over the reins to professional managers rather than pass them down to their family. Photos: AP, EPA
Mainland tech entrepreneurs like Jack Ma Yun (right) and Robin Li Yanhong are likely to emulate their peers in the Silicon Valley and hand over the reins to professional managers rather than pass them down to their family. Photos: AP, EPA
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