Aluminum’s surge propels Chinese tycoon to $61 billion fortune
March 10, 2026
BEIJING – When Zhang Bo took over his father’s industrial empire in 2019, it was already one of the world’s biggest producers of aluminum, the most widely used industrial metal.
Since then, the stock of his China Hongqiao Group has soared 585 per cent, quietly turning Mr Zhang into Asia’s richest metals tycoon with a fortune of about US$48 billion (S$61 billion). …
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