Pursuits
First Taiwan Billionaire of 2015 Minted on Shanghai Advance
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Hsung Yueling, chairman of Ningbo Techmation Co., became the first billionaire minted in Taiwan this year after the company surged to a record on Wednesday.
Hsung, who’s also known as Xiong Yulin, owns about 60 percent of Ningbo Techmation with his wife, Chou Shanshan, giving him a net worth of $1.1 billion, according to the Bloomberg Billionaires Index.