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 companymarket value US $mexchangelisting codedate listedperformance compared with markethead office
Shanghai Forte Land235HK2337Feb-040%Shanghai
Fosun Industrial226Shanghai600196Aug-98 Shanghai
Nanjing Iron & Steel118Shanghai600282Apr-03 Shanghai
Shanghai Yuyuan Tourist Mart99Shanghai600655Nov-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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