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China Soy Sauce Maker's Stock Surge Creates A Second Billionaire

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A more than 80% rise in the share price of Chinese soy sauce maker Foshan Haitian Flavoring in the past year has created the company’s second billionaire. The 9% stake directly and indirectly held in Haitian by vice chairman Cheng Xue, 44, was worth $1 billion yesterday. Cheng worked as a [...]



from Forbes Real Time http://onforb.es/1Co8XXN

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