math_of_money
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Country Garden Holdings Co. (2007.HK)
08-01-2018, 07:14 PM,
Post: #1
Country Garden Holdings Co. (2007.HK)
This Businesswoman Made $2 Billion in Just Four Days

By Sree Vidya Bhaktavatsalam
January 8, 2018, 12:15 PM GMT+8 Updated on January 8, 2018, 5:54 PM GMT+8

A share surge at Country Garden Holdings Co., China’s largest developer by sales, has sent Vice Chairman Yang Huiyan’s wealth up by $2.1 billion -- and that’s just in the first four trading days of the year.

Yang, controlling shareholder of Country Garden, saw her fortune soar to $25.6 billion as of Jan. 5 to rank as the fifth-richest person in the nation, according to the Bloomberg Billionaires Index. That’s before Country Garden’s shares rose another 7.4 percent on Monday in Hong Kong trading, taking its year-to-date-gain to 17 percent.

The 36-year-old Yang is China’s richest woman and the nation’s youngest billionaire, according to the Bloomberg index. In 2005, her father transferred his controlling stake to her “due to his intention to train Yang Huiyan as the successor of his family’s interest” in the group, Country Garden said in its 2007 initial public offering prospectus.

More details in https://www.bloomberg.com/news/articles/...th-in-2018
Specuvestor: Asset - Business - Structure.

http://www.valuebuddies.com
Website Find Reply
08-01-2018, 09:56 PM,
Post: #2
RE: Country Garden Holdings Co. (2007.HK)
The 2007.HK shares closed today at $17.42 and market cap of company is about HK$370 Bil.

Ms Yang Huiyan holds 55% share of the company which corresponds to HK$203 Billion of the market cap. This is approx US $25.6 Billion quoted in Bloomberg report.

She holds 12.2 Billion shares and receives approx HK$2 Bil in annual dividend.

That can pay for many chicken & rice meals.

Find Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)
Valuebuddies.com | Return to Top | | Lite (Archive) Mode | RSS Syndication | CONTACT US: nas......@valuebuddies.com |