Hua Bangsong Net Worth is$1.2 Billion
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Hua Bangsong Net Worth: Hua Bangsong is a Chinese businessman who has a net worth of $1.2 billion. A newcomer to billionaire circles, Mr. Bangsong acquired his wealth in the energy and chemicals industries in China. The chairman and founder of Wison Engineering in Hong Kong, Hua Bangsong manages the largest non-government controlled engineering and construction firm in the country. The Wison group actively operates in China, the USA, Hong Kong and Saudi Arabia. Eventually, it has also started to make ethylene cracking furnaces. Hua Bangsong raised some $154 million with the company's IPO when he also sold 600 million shares. But still, Hua and his wife are the largest shareholders owning almost 80% of the company. Since late January, Wison's shares went up 35%.

Hua Bangsong Latest News

Chinese Billionaire Hua Bangsong Ensnared In Gov't Corruption Probe

Hua Bangsong, the chairman of Wison Engineering Services who ranked No. 1,175 on the 2013 Forbes Billionaires List with wealth of $1.2 billion, is said to be cooperating with government investigators who are looking into wrongdoing at state-controlled oil ...
Posted: September 3, 2013, 10:50 pm

PetroChina supplier’s records seized in China probe

Wison’s Chairman and founder Hua Bangsong and a finance manager at a unit, Zhao Hongbin, continue to assist authorities with their probe, it said. Regulators questioned Wison — which derived most of its revenue in recent years from PetroChina — about ...
Posted: September 19, 2013, 12:41 pm

Petroleum engineering firm Wison charged with bribery in China

The mainland authorities have charged Hong Kong-listed petroleum engineering firm Wison Engineering Services and its chairman and majority owner Hua Bangsong with bribery and conspiracy to commit fraud, the company announced yesterday. "In the worst case ...
Posted: November 12, 2014, 9:41 pm
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