On May 4, Robin Zeng Yuqun, a new immigrant from mainland China, replaced Li Ka-shing as the richest man in Hong Kong when his net worth soared along with the company’s stock prices. In the context of Beijing’s “patriots ruling Hong Kong,” his new status attracted additional attention. In Forbes’ real-time billionaires list, Zeng’s net worth stood at US$34.5 billion that day, surpassing Li by US$0.2 billion. However, on May 6, Zeng’s wealth dropped to US$34.1 billion putting Li Ka-shing back on the throne as Hong Kong’s richest man. According to Forbes, Zeng, is founder and chairman of Contemporary Amperex Technology (CATL), one of the world’s largest suppliers of batteries for electric vehicles, headquartered in Ningde, Fujian Province. With reference to Forbes’ April 6 data, Zeng’s wealth increased by more than US$6 billion in just one month. According to a Chinese finance report, Zeng owns a 24.53 percent stake in …
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta