Six-year-old girl is China’s youngest shareholder
August 20th, 2010 - 4:01 am ICT by IANSBeijing, Aug 20 (IANS) A six-year-old girl has become the youngest shareholder on China’s Nasdaq-style growth enterprises board, after she inherited 62,500 shares from her father, reports Xinhua.
The Shaoxing-based Zhejiang Sunflower Light Energy Science & Technology Limited Liability Company started its initial public offerings (IPO) Monday.
Wu Qinyi’s father, a former secretary of Sunflower board, died last year in a traffic accident.
Her wealth was estimated at 1.05 million yuan (over $154,411).
She has also broken the record for youngest wealthy shareholder in China, previously set by a 13-year-old child who holds 220,000 shares of a company whose market value is about 10 million yuan.
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Tags: 10 million, 411, beijing, china, energy science, initial public offerings, ipo, light energy, limited liability company, nasdaq, old girl, science technology, shaoxing, shareholder, style growth, sunflower, traffic accident, xinhua, yuan, zhejiang