China’s Most Secretive Billionaire Reflects On Cost Of Being Low-Key

Wang Wei, chairman and founder of Chinese express delivery firm SF Express, yesterday shared his thoughts on possible missed business opportunities resulting from his insistence on being one of the most private billionaires in China.

"I used to think it is enough to produce a great product. But ten years later, this resulted in the difference between two companies, one worth HK$2 trillion and the other worth HK$200 billion," Wang said yesterday during an event hosted by Tencent Holdings Ltd. in Hong Kong.

As of today, Hong Kong-listed Tencent has a market capitalization of HK$2.65 trillion (US$340 billion), while Shenzhen-listed SF Express has a market cap of RMB212 billion (US$31 billion).

Wang, who in February was ranked as China's third richest person after his company completed a back-door listing, said he only agreed to join ye...

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