Li Ka-shing again Asia's richest tycoon

(Shanghai Daily)
Updated: 2007-01-19 14:32

Lee's windfall

Lee, founder of property firm Henderson Land, received a windfall from his investment in a Hong Kong initial public offering by Nine Dragons Paper Co, a mainland-based container board and recycling company headed by Zhang Yin, the mainland's wealthiest businesswoman.

Zhang was No. 5 on Forbes' mainland list, with US$1.5 billion in assets.

Forbes said the combined net worth of the 40 richest Hong Kong and Taiwan citizens rose by US$28 billion from a year earlier to US$154 billion. Twenty-eight added to their fortunes, with only four from last year's list losing wealth, Forbes said.


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