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Something wrong?Larry Yung Chi-kin or Rong Zhijian is a Chinese businessman and the former chairman of CITIC Pacific, a Hong Kong-based conglomerate. 9 billion as of 2013. He was in charge of CITIC Pacific when it made its first major loss in 20 years, $2 billion, due to speculation in FX accumulators.
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Larry Yung Chi-kin or Rong Zhijian is a Chinese businessman and the former chairman of CITIC Pacific, a Hong Kong-based conglomerate. According to Hurun Report, he was one of the wealthiest people in mainland China, with a personal net worth of US$2.9 billion as of 2013. He was in charge of CITIC Pacific when it made its first major loss in 20 years, $2 billion, due to speculation in FX accumulators. This exposed the lack of internal management controls, which subsequently resulted in a temporary suspension of CITIC Pacific shares on the Hong Kong Stock Exchange and police raids at CITIC.
Text from Wikipedia, CC BY-SA 4.0
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