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%.

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Hua Bangsong Latest News

PetroChina supplier Wison says chairman 'assisting probe'

Hong Kong-listed Wison Engineering Services Co Ltd said chairman and controlling shareholder Hua Bangsong "is assisting relevant authorities" who were conducting an investigation after sharp falls in Wison's share price. Wison did not elaborate ...
Posted: September 3, 2013, 5:00 am

PetroChina corruption probe widens to include entrepreneur Hua Bangsong

A corruption investigation into PetroChina has put the spotlight on Chinese entrepreneur Hua Bangsong and the links that his company, Wison Engineering Services, has with the oil giant. The founder and chairman of Wison was helping Chinese authorities with ...
Posted: September 19, 2013, 12:14 am

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 13, 2014, 9:38 am
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