Lai is hedging his bets with investment in U.S
Article Abstract:
Hong Kong businessman Jimmy Lai has invested some $100 million in US technology companies in anticipation of the 1997 Chinese takeover. Lai stated that it was only natural for him to make such a move given his past difficulties with the Chinese government. Chinese officials had earlier shut down several Giordano outlets, a clothing company Lai had founded. The Chinese government also routinely denies visas for the reporters of Lai's newspapers and magazines.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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Appeal of Wu's genius gives way to concerns
Article Abstract:
Hopewell Holdings Managing Dir. Gordon Wu received much admiration for his unconventional business style during the early years of his company. However, many investors have begun to question Wu's style because of Hopewell Holdings declining revenues and major setbacks. They noted that Wu's hands-on approach and secrecy with his finances have adversely affected Hopewell Holdings' profitability.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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