EuromoneyChina 2004 Kings of Capital
Liu Changle - EuromoneyChina 2004 Kings of Capital:No.12
| age: | 51 |
| flagship listed company: | Phoenix TV |
| head office: | HK GEM |
| No. of listed companies: | 1 |
| listed company | market value US $m | exchange | listing code | date listed | performance compared with market | head office |
| Phoenix TV | 822 | HK | 8002 | Jun-00 | 48% | HK |
| personal info: | With its flagship Phoenix Chinese Channel in a strong position to take advantage of a surge in advertising and subscription income, the loss-making Phoenix Satellite last year had sales of US$90 million (2002: US$87 million). Starting out with China Central People’s Radio Station, Liu’s first overseas experience came in Singapore in the late eighties, before heading to Hong Kong in 1990, where he traded petroleum and developed real estate. With deep-rooted Mainland China relationships, Liu entered the television market in 1996, founding Phoenix TV in a joint venture where Rupert Murdoch’s Star TV took 45% and becoming a key shareholder in Asia TV. |
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