Shuli Ren, Columnist

Foxconn's China Bounty Might Be a Taiwan Headache

Not everybody will win in this fast-tracked Shanghai listing.

March 5, 2018 at 5:59 AM UTC

Shuli Ren is a Bloomberg Opinion columnist covering Asian markets. A former investment banker, she was a markets reporter for Barron’s. She is a CFA charterholder.

President Trump Announces Apple Supplier Foxconn Opening Wisconsin Plant — Andrew Harrer/Bloomberg

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Labor in China is no longer cheap, but Terry Gou may have found a new way to profit from the mainland.

Gou's Foxconn Industrial Internet Co. is poised to list in China as early as April, just two months after filing an IPO application. Its Taiwan-traded parent, Hon Hai Precision Industry Co., will hold about 85 percent of Foxconn Industrial's shares, with around 10 percent held by the public.