Li Ruigang, the powerful Chinese media mogul in control of TVB, plots IPO in Hong Kong, US markets for US$10 billion of assets

//Li Ruigang, the powerful Chinese media mogul in control of TVB, plots IPO in Hong Kong, US markets for US$10 billion of assets

Li Ruigang, the powerful Chinese media mogul in control of TVB, plots IPO in Hong Kong, US markets for US$10 billion of assets

Li Ruigang, arguably China’s most powerful media mogul, is aiming to list some of his businesses in Hong Kong and the US to compete with industry powerhouses, putting more than US$10 billion of assets under the spotlight amid fissures in US-China relations.The 51-year old tycoon is the chairman and chief executive of CMC Inc, a Shanghai-based group founded in 2015 with multi-genre content including films, drama, games, financial media, music and sports. It also owns controlling interests in…

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By | 2021-04-06T23:30:08+00:00 April 6th, 2021|Technology|Comments Off on Li Ruigang, the powerful Chinese media mogul in control of TVB, plots IPO in Hong Kong, US markets for US$10 billion of assets