Li Ruigang, founding chairman and CEO of Chinese media and entertainment group CMC Inc. Photo: Xiaomei Chen Li Ruigang, founding chairman and CEO of Chinese media and entertainment group CMC Inc. Photo: Xiaomei Chen
Li Ruigang, founding chairman and CEO of Chinese media and entertainment group CMC Inc. Photo: Xiaomei Chen
IPO

Li Ruigang, the powerful Chinese media mogul in control of TVB, plots IPO in Hong Kong, US markets for US$10 billion of assets

  • Li’s media flagship CMC Inc is valued at US$6 billion based on a 2018 round of financing from investors including Alibaba, Tencent and China Vanke
  • His private-equity firm, backed by Singapore’s state investment firms, manages about US$4.6 billion of assets, with 10 candidates eyeing global IPOs this year

Topic |   IPO
Li Ruigang, founding chairman and CEO of Chinese media and entertainment group CMC Inc. Photo: Xiaomei Chen Li Ruigang, founding chairman and CEO of Chinese media and entertainment group CMC Inc. Photo: Xiaomei Chen
Li Ruigang, founding chairman and CEO of Chinese media and entertainment group CMC Inc. Photo: Xiaomei Chen
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