Low-Profile Shareholder At China Retailer Suning Joins Billioniare Ranks

Chen Jinfeng, who holds a 2.7% stake in Suning Commerce Group, has joined the ranks of the world’s billionaires following gains in the share price of the Shenzhen-listed appliance retailer amid a rally that has lifted China’s stocks to seven-year highs. Chen’s wealth passed $1 billion at yesterday’s closing price of […]

Vía Forbes Real Time http://ift.tt/1Ew5rIB