China Alcopop Entrepreneur Joins Ranks Of World's Richest

Liu Xiaodong, chairman of Shanghai Bairun Flavor & Fragrance, has joined the ranks of the world’s billionaires last week following gains in the share price of his Shenzhen-listed company on the planned acquisition of domestic alcopop supplier Shanghai Bacchus. Bairun shares hit a record high on Wednesday. They have gained more [...]

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