The company raised $1.4 billion by offering 116.5 million American depositary shares, according to figures from Renaissance Capital. U.S. investors in China shares are also hoping that geopolitical tension between the two countries – the world’s No. Wang was a previously an executive at China ride-sharing company Didi Chuxing as well as at Bain & Co. and Uber China. Chen is worth $21.7 billion on the Forbes Real-Time Billionaires List today; Xiong is worth $3 billion. See related posts:In Year of Surprises, Bottled Water King Overtook Jack Ma as China’s Richest ManExclusive Interview: The World’s No.

Source: Forbes January 22, 2021 22:41 UTC