China Grocery Tycoon Weighs Twin IPOs, Market Consolidation

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  • Bloomberg Markets and Finance published this video item, entitled “China Grocery Tycoon Weighs Twin IPOs, Market Consolidation” – below is their description.

    Jun.06 — In 2018, Zhang Wenzhong was cleared by China’s top court of financial misconduct charges after earlier spending more than half a decade in prison. Three years later, the Chinese tycoon has revived the supermarket business he founded, and is about to launch two initial public offerings — one in Hong Kong and the other in the U.S. Zhang discussed his ambition to become China’s answer to Walmart Inc. in an exclusive interview with Bloomberg’s Tom Mackenzie.

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