Chen Miaolin Net Worth is$1.06 Billion
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Chen Miaolin Net Worth: Chen Miaolin is a Chinese businessman who has a net worth of $1.06 billion. One of the richest people in China, Mr. Miaolin is the Chairman of the New Century Tourism Group. It's a hotel management and property development company that operates in hotel, real estate and building materials industries through its subsidiaries. Founded in 1988 with headquarters in Hangzhou, China, the New Century Tourism Group has become builder and manager of four and five star hotels and resorts in China. Married with two children, Chen Miaolin currently resides in Hangzhou, China.

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Chen Miaolin Latest News

Buy-back value rises sharply as Cheung Kong Property repurchases shares worth HK$861 million

The stock closed at HK$5.52 on Friday. Non-executive chairman Chen Miaolin recorded his first on-market trade in hotel reit New Century since July with 1.6 million units sold on January 18 at HK$2.49 each. The trade reduced his holdings to 62.33 per cent ...
Posted: January 23, 2017, 2:06 am

How did a fancy wedding, grilled fish and Deng Xiaoping help make a billionaire?

And without the smell of grilled seafood and the gentle bobbing of a luxury yacht in Hong Kong harbour, Chen Miaolin might never have become a billionaire hotel magnate. It was in 1986, on his first ever trip to Hong Kong, that Chen, then the manager of ...
Posted: August 20, 2017, 4:05 am

Chinese Hotels Drop Stars to Score Political Points

According to Hangzhou hotel magnate Chen Miaolin, he and his fellow innkeepers are taking the extraordinary step of removing stars from five-star star properties. It’s an industry response to pain, Mr. Chen said in comments reported by China Business ...
Posted: January 23, 2014, 5:25 am
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