Cheng Xue of soy sauce producer Haitian is China’s top earner with US$10 billion wealth, displacing tech executives from Hurun list

Summary:
[unable to retrieve full-text content]Cheng Xue, the vice-chairwoman of Foshan Haitian Flavouring, has displaced dozens of technology executives as China’s highest-paid corporate chieftain, according to the inaugural Hurun China Richest Professional Managers 2021 report.The personal wealth of Cheng, 50, is estimated at 65 billion yuan (US billion), due to her 9 per cent stake in Haitian according to Forbes, which quadrupled in value since its 2014 initial public offering in Shanghai. Cheng is also at the apex of a growing legion…

Topics:
Martin Choi,Lam Ka-sing considers the following as important:

This could be interesting, too:

Jeffrey P. Snider writes Three Things About Today’s UST Sell-off, Beginning With Fedwire

Orange Wang writes China sets 15-year transport expansion plan as it seeks to double size of economy by 2035

Jeffrey P. Snider writes Eurodollar University’s Making Sense; Episode 49; Part 3: Consuming Consumer Data

Amanda Lee writes US-China relations: companies in south China have no appetite for decoupling, but expect tensions to grow, says AmCham