Asceltis founder becomes China’s latest billionaire after Hong Kong IPO

Brightly coloured pharmaceutical medication, including antibiotics, paracetamol, Ibuprofen and cold relief tablets, manufactured by a variety of companies sit in this arranged photograph in London, U.K., on Friday, April 27, 2018. Photographer: Chris Ratcliffe/Bloomberg Photo by Bloomberg

You don’t need earnings to become a billionaire in China.

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