CEFC's founder Ye Jianming. Photo: SCMP/Handout
CEFC's founder Ye Jianming. Photo: SCMP/Handout

update | China detains CEFC’s founder Ye Jianming, wiping out US$153 million in value off stocks

From obscurity, Ye Jianming built a business empire with 263 billion yuan in sales before he turned 40, and began shopping for energy assets around the world, mostly funded by China’s state banks

CEFC's founder Ye Jianming. Photo: SCMP/Handout
CEFC's founder Ye Jianming. Photo: SCMP/Handout
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