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Tool Maker’s IPO Mints China’s Latest Billionaire

Por: Forbes Business February 08, 2023

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A woman walks down a flight of stairs at the Shenzhen Stock Exchange in 2019. Photographer: Qilai ... [+] Shen/Bloomberg© 2019 Bloomberg Finance LP Today’s listing at the Shenzhen Stock Exchange by Greenworks (Jiangsu), a supplier of home, yard and do-it-yourself tools, has minted a new billionaire. Chairman Chen Yin holds a stake of more than 55% in the company worth 9.9 billion yuan, or $1.5 billion, in early afternoon trading. Shares rose... + full article



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