Capital, Earnings & M&A
Can 'Universal Dealers' Save Want Want, Whose Market Value Has Evaporated by 100 Billion?
How long has it been since you bought Want Want milk or eaten Want Want snow rice crackers? Perhaps you can't even remember. But Cai Yanming, chairman of China Want Want Holdings, knows well—he retained his title as Taiwan's richest person on the 2016 Forbes global rich list. Yet, despite the title, Cai can't smile, as the company's total market value has evaporated by HK$100 billion over the past two years.
李三年