CHINA TOPIX

11/22/2024 02:22:00 pm

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Wang Jianlin

China's Richest Man Wang Jianlin Clarifies Financial Ties with Relatives of President Xi

Chinese billionaire Wang Jianlin has clarified allegations that some relatives of President Xi Jinping hold significant shares in his company. On Thursday, Wang said that Xi's relatives had sold all of their shares before his company made its initial public offering (IPO) in 2014, missing the chance to make a tremendous profit.

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