The China-listed company recently had a market capitalization of 6 billion yuan.
In 2011, he took the position of chairman at Shenzhen-listed Xiwang Foodstuffs, the first listed corn oil company in China.
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Unicom's edge is that it is the only listed integrated telecommunication company in China, with wireless, paging, domestic long distance and Internet divisions.
The reaction was sharp in part because it came on the heels of the suspension of an unrelated company, Hong Kong-listed China Forestry Holdings, for accounting irregularities.
Fosun International also owns stakes in U.S.-listed Chindex, a hospital management company focused on China, and Focus Media, an outdoor advertising company.
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China bought a 14.99% shareholding in Rio's London-listed company, which equates to an interest of around 11% in the whole group which includes the Australian listed firm.
In fact, it already apparently has: In August, after Baidu first listed on the Nasdaq exchange, the China Internet Network Information Center said the company enjoyed 38% of the local search market, with Beijing-based portal Sohu coming in second at 19.6%--and Google having a paltry 12.6% of users.
Siwei is a subsidiary of ERA Mining Machinery, a Hong Kong-listed firm controlled by a shell company whose principals are two American entrepreneurs in China.
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Many Chinese management teams that are taking their companies public in China or in overseas capital markets do not understand what is required to run a publicly listed company.
The U.S.-listed New Oriental is such an entity and its VIE, or the operation company in China, was originally owned by the CEO Yu Minhong and ten other shareholders.
Apple may already be the largest U.S.-listed company by market cap, but it is continues to produce astonishing growth, particularly in China, where the opportunities for the company remain vast.
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