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China’s Self-Reliance Drive Powers 1,200% IPO Surge, Minting A New Billionaire

Forbes · Jun 25, 2026, 8:35 AM · Also reported by 1 other source

Wang Bing, chairman and CEO of semiconductor component maker Chongqing Genori Technology, has amassed a fortune of $4.7 billion as shares soared almost 1,200% after its Shanghai listing.

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China’s Self-Reliance Drive Powers 1,200% IPO Surge, Minting A New Billionaire

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