Yang Guoqiang
Encyclopedia
Yang Guoqiang is a Chinese entrepreneur
Entrepreneur
An entrepreneur is an owner or manager of a business enterprise who makes money through risk and initiative.The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to...

, the founder and chairman of Country Garden
Country Garden
Country Garden is a property development company based in Guangdong Province, China, owned by Yang Guoqiang's family...

 Group, one of the largest real estate
Real estate
In general use, esp. North American, 'real estate' is taken to mean "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; an item of real property; buildings or...

 developers in Guangdong Province, Mainland China
Mainland China
Mainland China, the Chinese mainland or simply the mainland, is a geopolitical term that refers to the area under the jurisdiction of the People's Republic of China . According to the Taipei-based Mainland Affairs Council, the term excludes the PRC Special Administrative Regions of Hong Kong and...

.

Since April 2007, his family (Most of the assets are nominally held by Yang's second daughter
Daughter
A daughter is a female offspring; a girl, woman, or female animal in relation to her parents. The male equivalent is a son. Analogously the name is used on several areas to show relations between groups or elements.-Etymology:...

, Yang Huiyan
Yang Huiyan
Yang Huiyan is the majority shareholder of Country Garden Holdings and one of the wealthiest people in Mainland China, with an estimated net worth of $7.4 billion USD as of March 2009...

) have been the wealthiest people in Mainland China, who own about the assets of 45.5 billion Chinese Yuan
Chinese yuan
The yuan is the base unit of a number of modern Chinese currencies. The yuan is the primary unit of account of the Renminbi.A yuán is also known colloquially as a kuài . One yuán is divided into 10 jiǎo or colloquially máo...

 currently.

The Country Garden Group was listed in the Hong Kong Stock Exchange
Hong Kong Stock Exchange
The Hong Kong Stock Exchange is a stock exchange located in Hong Kong. It is Asia's third largest stock exchange in terms of market capitalization behind the Tokyo Stock Exchange and the Shanghai Stock Exchange and fifth largest in the world...

 on April 2007. Lee Shau Kee
Lee Shau Kee
Lee Shau-kee GBM is a property developer and majority owner of Henderson Land Development , a property conglomerate with interests in properties, hotels, restaurants and internet services...

 and Cheng Yu-Tung
Cheng Yu-tung
Cheng Yu-tung GBM is a Hong Kong billionaire with extensive business dealings and real estate interests in both Hong Kong and Macau. He owns the privately-held Chow Tai Fook Enterprises, a conglomerate which operates the Sheraton Marina hotel and controls the publicly listed New World group...

, from the same town as Yang (Shunde), bought 1 billion of Country Garden IPO stocks respectively. There was much investment interest from Hong Kong.
Yang is the chairman of the company nominally. However, and his daughter's majority interest is held on behalf of the family. Yang is still active in company management and has not yet decided to retire.
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