Wang Muqing Net Worth is$1.06 Billion
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Wang Muqing Net Worth: Wang Muqing is Chinese businessman who has a net worth of $1.06 billion. The founder and a non-executive director of China ZhengTong Auto, Wang Muqing saw a decline in his net worth due to falling profit margins and share prices in the auto distribution industry. However, he still remains on the list of China's richest. What he started as a single Nissan dealership in 1999 now is a distributor of all kinds of luxury makes including BMW, Audi, Land Rover, Jaguar and Volvo from dozens of locations in central and eastern China. The company was first listed on the Hong Kong exchange in December 2010, after which Wang Muqing enjoyed a rise in his fortune. Ever since, shares have fallen back, especially after Wang stated he would reduce his own stake from 73% to 61.5%. Nowadays, ZhengTong's brands face tough competition from partners of Toyota, Ford and GM.

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Wang Muqing Latest News

Chinese poet faces jail for possession of umbrella

A Chinese poet is facing ... of him and what he does," Mrs Wang added. Sui Muqing, a well-known rights lawyer who has taken Mr Wang's case, said the poet's arrest was "definitely" the consequence of his support of the Umbrella Movement.
Posted: October 6, 2014, 10:48 pm

Noted Chinese Poet Is Going To Jail For Posting A Photo Online Of An Umbrella

"I will always stand beside my husband. I am proud of him and what he does," Mrs Wang added. Sui Muqing, a well-known rights lawyer who has taken Mr Wang's case, said the poet's arrest was "definitely" the consequence of his support of the Umbrella Movement.
Posted: October 7, 2014, 12:02 am

Human rights repression in China seen worsening under Xi

"The outlook for human rights is grim and we see no sign of improvement," said Maya Wang, Human Rights Watch's Hong Kong-based ... according to his lawyer Sui Muqing. In his mid-50s, Huang suffers from ailments including kidney and heart disease and ...
Posted: November 16, 2017, 12:15 pm
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