日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Tycoons' costly love affairs

Divorce pushes female tycoon from top spot

By Zheng Yangpeng (China Daily) Updated: 2012-11-21 10:16

Longfor boss no longer China's richest woman, but separation 'peaceful, friendly'

Wu Yajun, chairwoman of Longfor Properties Co Ltd, has lost her title as China's richest woman after divorcing and transferring about 30 percent of her shares in the corporation to her now ex-husband, Cai Kui.

Her stake in Longfor, which the two co-founded, has dropped from a combined 75.6 percent to 45.4 percent, leaving her net worth estimated at $4.2 billion, down from $7.3 billion.

Divorce pushes female tycoon from top spot

Wu Yajun, chairwoman of Longfor Properties Co Ltd, lost her title as China's richest woman after divorcing. [Photo/China Daily] 

Yang Huiyan, an executive director of Country Garden Holdings Co and the daughter of company founder Yang Guoqiang, now becomes China's richest woman with a fortune of $5 billion.

A Longfor spokesman on Tuesday said the divorce had been completed in a "peaceful and friendly" manner, and the share split between the co-founders won't violate debt covenants.

Their individual shareholdings had been held separately under two trust companies, and since Cai had not held an executive role in Longfor, the divorce will not affect the company's operating, Chinese media said.

Longfor's shares dropped 4.2 percent - the most in almost two weeks - at the close of Hong Kong trading on Tuesday.

But financial institutions predicted the divorce will not have a significant impact on the share price.

Barclays Bank said in a note that the divorce's impact on Longfor shares would be limited unless Cai sells his now 29 percent stake in the business.

Divorce pushes female tycoon from top spot

Wu, a native of Chongqing, was born in 1964. She graduated from Northwestern Polytechnical University in Xi'an, Shaanxi province, in 1984 and worked for China City Sightseeing Newspaper from 1988 to 1993 as a reporter and editor.

The newspaper was affiliated to the construction bureau of Chongqing municipal government, enabling her to build up contacts in government and business circles.

In 1995, she set up Chongqing Zhongjianke Real Estate Co Ltd with registered capital of 10 million yuan ($1.6 million). The company was later renamed Chongqing Longfor Properties Co Ltd.

Longfor expanded steadily and by 2008 its sales exceeded 2 billion yuan, making it one of the country's major property.

The company raised $1 billion in a 2009 initial public offering in Hong Kong.

Despite the massive wealth and success, Wu has maintained a low profile, never given media interviews, and as a result, little is known of her life away from business. But industry insiders describe her as a perfectionist with a strong ability to get the job done.

Hu Yuanyuan contributed to this story.

zhengyangpeng@chinadaily.com.cn 

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 久久九九热 | 爱爱视频在线播放 | 亚洲在线成人 | 丁香婷婷九月 | 成人在线中文字幕 | 亚洲男人影院 | 久久久88| 久久青青视频 | 超碰97人人爱 | 性欧美一区二区 | 五月亚洲| h视频在线免费观看 | 国产精品久久久久久久久免费 | 亚洲一区在线免费观看 | 99这里都是精品 | 免费在线观看国产精品 | 久久精品视频18 | 午夜精品久久久久久久爽 | 成人欧美视频 | 成人欧美一区二区三区在线观看 | 三级五月天| 日韩欧美福利视频 | 久久国产精品网站 | www黄色在线观看 | 日韩视频h| 久久乐av| 精品在线视频免费观看 | 欧美又粗又深又猛又爽啪啪九色 | 偷拍亚洲欧美 | 四虎影视成人 | 男女男精品网站 | 亚洲精品aa | 午夜在线视频观看 | 国产又粗又猛又黄又爽 | 欧美精品一二区 | 一区二区三区免费 | 国产精品xxxxx| 久久五月综合 | 亚洲综合网站 | 成年人在线播放 | 国产视频久久久久 |