EuromoneyChina 2004 Kings of Capital
Guo Guangchang - EuromoneyChina 2004 Kings of Capital:No.15
| age: | 37 |
| flagship listed company: | Shanghai Forte Land |
| head office: | HK |
| No. of listed companies: | 4 |
| listed company | market value US $m | exchange | listing code | date listed | performance compared with market | head office |
| Shanghai Forte Land | 235 | HK | 2337 | Feb-04 | 0% | Shanghai |
| Fosun Industrial | 226 | Shanghai | 600196 | Aug-98 | Shanghai | |
| Nanjing Iron & Steel | 118 | Shanghai | 600282 | Apr-03 | Shanghai | |
| Shanghai Yuyuan Tourist Mart | 99 | Shanghai | 600655 | Nov-01 | Shanghai |
| personal info: | The austerity drive this summer and the failure of Shanghai-based D’Long have put the spotlight onto Fuxing’s cashflows. An astute investor, Guo this year succeeded in raising US$220 million from listing his Forte real estate in Hong Kong, which has been expanding to Beijing, Nanjing and Wuhan, and has seen his Nanjing Iron and Steel business bring in healthy profits. Today, Fosun’s interests span steel, real estate, pharmaceuticals, retail and media, with last year of US$1.7 billion (2002: US$1.2 billion) and 26,000 employees. A delegate to the previous Chinese People's Political Consultative Conference, Guo is now a delegate to the National People's Congress. |
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