Jewelry retailer becomes a billionaire amid IPO demand in China

Jewelry retailer becomes a billionaire amid IPO demand in China

A shop assistant arranges gold accessories at a gold store in Lin'an, Zhejiang province November 6, 2014. REUTERS/China Daily

Chinese gem retailer Zhou Zongwen became a billionaire when his Chow Tai Seng Jewellery Co. surged in value following its initial public offering this week.

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