Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.

Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» i am new comers forum
by faz1 Yesterday at 9:38 pm

» Daily Foreign Transactions
by ruwan326 Yesterday at 8:54 pm

by ruwan326 Yesterday at 8:40 pm

» expo.. @4.00
by ruwan326 Yesterday at 8:34 pm

» How to pick winning stocks by analysis not through predictions and gossip news-1
by Ryan Hudson Yesterday at 1:56 pm

» Wach out for RIL
by ruwan326 Yesterday at 10:41 am

by anjelo Yesterday at 10:31 am

by anushka25 Mon Jul 16, 2018 10:18 pm

by ruwan326 Mon Jul 16, 2018 8:06 pm

» Monday blood bath
by ruwan326 Mon Jul 16, 2018 12:41 pm

» Sri Lankan shares extend gains to 2-week closing high
by ruwan326 Mon Jul 16, 2018 11:40 am

» Free earn 120$...or above
by Uaecoindubai Mon Jul 16, 2018 12:01 am

» Good bye your job and earn 20-30% per month
by Uaecoindubai Sun Jul 15, 2018 10:05 pm

» John Keells Miserable Future until 2020
by DS Wijesinghe Sun Jul 15, 2018 5:32 pm

» Summary of Key Announcements during the week end 13July 2018
by ruwan326 Sun Jul 15, 2018 7:59 am

by ruwan326 Fri Jul 13, 2018 10:26 am

You are not connected. Please login or register

Sri Lanka Equity Forum » Political and Socio-Economic Analysis » China Breeds Another Poultry Billionaire

China Breeds Another Poultry Billionaire

Go down  Message [Page 1 of 1]

1 China Breeds Another Poultry Billionaire on Tue May 17, 2016 12:05 pm



China, one of the world’s largest markets for chicken meat, has bred its latest poultry industry billionaire.

Cao Jisheng, chairman of Shenzhen-listed Shandong Yisheng Livestock & Poultry Breeding, has become a billionaire after a run-up in the company’s shares at the Shenzhen Stock Exchange.

Shandong Yisheng Livestock & Poultry Breading is involved in chicken and livestock breeding. The stock rose by its 10% trading limit today to close at an all-time high of 49.94 yuan amid expectations that rising meat prices will help to reverse financial losses at the company compared with a year ago.

Cao and his wife Jiang Xiaohong own 47.7% and 4.2% of Yisheng, a combined stake worth over $1.1 billion after discounting collateral shares at today’s closing price of 49.94 yuan. Jiang isn’t involved in business. The company’s shares have gained almost 200% in the past year. Cao holds an undergraduate degree from Shandong Agricultural University and a MBA from China Europe International Business School.

Other China poultry tycoons include Fu Guangming, chairman of KFC supplier Fujian Sunner Development, who ranked No. 1,121 on the 2016 Forbes Billionaires List with wealth of $1.6 billion. China is home to the world’s second-largest population of billionaires after the United States

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum