USEUROPEAFRICAASIA 中文双语Français
Home / Sports

Yang's rise to prominence, financial success, disgrace and possible comeback

China Daily | Updated: 2010-01-11 08:00

Yang's rise to prominence, financial success, disgrace and possible comeback

1991 - Yang Rong bought major stocks of ailing Shenyang Jinbei Minibus Plant. Through a series of capital operations, Yang established Brilliance China Automotive Holdings in Bermuda to acquire Jinbei.

1992 - Yang brought Brilliance China to be listed on the New York Stock Exchange, the first mainland enterprise to go public overseas, three days before the launch of China's Securities Regulatory Commission.

2001 - Yang was named the third richest man in China by Forbes magazine, with a fortune of 7 billion yuan. The assets of Brilliance, which controlled six listed companies, that year reached 30 billion yuan.

Yang's rise to prominence, financial success, disgrace and possible comeback

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US