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Li Yonghong
Li Yonghong (born 16 September 1969) is a Chinese businessman and investor who first came into the public eye in 2016 when he succeeded Silvio Berlusconi as the owner of the Italian football club A.C. Milan. Li is also known for his stock market transactions in mainland China. Li Yonghong was born in Guantang Village, Daqiao Town, Huazhou, Maoming, Guangdong Province. He also had a citizenship in the Hong Kong S.A.R. of China by migrating there in 1994 (claimed by himself), which was considered as a "foreign" investor in mainland China due to separate legal jurisdiction of Hong Kong from the rest of China. Career According to a C.V. provided by Li Yonghong to Duolun Industry, Li Yonghong was the director and general manager of a Hong Kong incorporated company Enson Enterprises Limited () from 1994 to 1997 (a company dissolved by striking-off in 2000); the director and general manager of a Chongqing-based company () from 1997 to 2005, as well as chairman and CEO of Hong Kong-in ...
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Li (surname 李)
Li or Lee (; ) is a common Chinese surname, Chinese-language surname, it is the 4th name listed in the famous ''Hundred Family Surnames.'' Li is one of the most common surnames in Asia, shared by 92.76 million people in China, and more than 100 million in Asia. It is the List of common Chinese surnames, second most common surname in China as of 2018, the second most common surname in Hong Kong, and the 5th most common surname in Taiwan, where it is usually romanized as "Lee". The surname is pronounced as () in Cantonese, ''Lí'' (Pe̍h-ōe-jī, poj) in Taiwanese Hokkien, but is often spelled as "Lee" in Hong Kong, Macau, Taiwan and many overseas Chinese communities. In Macau, it is also spelled as "Lei". In Indonesia it is commonly spelled as "Lie". The common Korean name#Family names, Korean surname, "Lee (Korean surname), Lee" (also romanized as "I", "Yi", "Ri", or "Rhee"), and the Vietnamese name#Family name, Vietnamese surname, "Lý (Vietnamese name), Lý", are both derived f ...
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Société à Responsabilité Limitée
A (SARL, S.à r.l. and similar; literally "society with limited responsibility") is a form of private company that exists mainly in French-speaking countries, such as France, Luxembourg, Monaco, Algeria, Morocco, Tunisia, Madagascar, Lebanon, Switzerland (where it is also designated by GmbH or Sagl), and Belgium Belgium, ; french: Belgique ; german: Belgien officially the Kingdom of Belgium, is a country in Northwestern Europe. The country is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeast, France to th ... (where, since 1 May 2019, it is also designated by ''besloten vennootschap'' and abbreviated as SRL). The primary purpose of a SARL is to conduct commercial activity. Proprietary interests in a SARL are represented by Share (finance), shares. They are not freely transferable; unless the intended recipient is a spouse, descendant, or other close relative, transfers require the agreement of half of the shareholders (sin ...
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Teamway International Group
Teamway International Group Holdings Limited is a Cayman-incorporated holding company based in Hong Kong and in the mainland China. It is a "registered non-Hong Kong company" in the Hong Kong Companies Registry since 2011. It was formerly known as Jin Bao Bao Holdings Limited (the Chinese legal name registered in Hong Kong was ). According to the company itself, it is "principally engaged in the business of (i) design, manufacture and sale of packaging products and structural components in the PRC; (ii) provision of corporate secretarial, consultancy and business valuation services; and (iii) property investment." History Jin Bao Bao Holdings Limited is a Chinese packaging group; the holding company itself, was incorporated in the Cayman Islands on 4 January 2011, but headquartered in Hong Kong. In December 2011, shortly after its initial public offering on the Stock Exchange of Hong Kong, the company was also infamously known for its narrow shareholders base, which 15 shareholde ...
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Elliott Management
Elliott Investment Management is an American investment management firm. It is also one of the largest activist funds in the world. It is the management affiliate of American hedge funds Elliott Associates L.P. and Elliott International Limited. The Elliott Corporation was founded by Paul Singer, who is CEO of the management company, based in New York City. As of the first quarter of 2015, Elliott's portfolio is worth over $8 billion. By 2009 "more than one-third of Elliott’s portfolio was concentrated in distressed securities, typically in the debt of bankrupt or near-bankrupt companies." In October 2020 Singer announced that his firm was relocating its headquarters to West Palm Beach, Florida. Overview Singer created Elliott Associates in January 1977, starting with $1.3 million from friends and family and choosing the Elliott brand as it is his middle name. In its earliest years, the firm focused on convertible arbitrage. Since the 1987 stock market crash and early 1 ...
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Marca (newspaper)
''Marca'' (), stylised as ''MARCA'', is Spain's national daily sport newspaper owned by Unidad Editorial. The newspaper focuses primarily on football, in particular the day-to-day activities of Real Madrid, FC Barcelona, and Atlético Madrid. Also, It has daily and fresh information about influencers, Instagram Girls, an infamous programme first dates, and other Pink press. It has a daily readership of over 2,500,000, the highest in Spain for a daily newspaper, and more than half of sports readership, as of 2007. Since February 2001, there has also been an association 24-hour/day sports radio station, Radio Marca. In 2010, the TV channel MARCA TV was launched, before being closed in 2013. History and profile ''Marca'' was founded on 21 December 1938, at the height of the Spanish Civil War, in nationalist-held San Sebastián. Its founding editor was Manuel Fernández Cuesta, uncle of businessman Nemesio Fernández-Cuesta. On 3 September 1987 Luis Infante became the editor of th ...
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La Gazzetta Dello Sport
''La Gazzetta dello Sport'' (; "The Sports Gazette") is an Italian daily newspaper dedicated to coverage of various sports. Founded in 1896, it is the most widely read daily newspaper of any kind in Italy (in 2018). History and profile ''La Gazzetta dello Sport'' was founded by Eliso Rivera and Eugenio Camillo Costamagna. The first issue was published on 3 April 1896, on time to cover the first modern Olympic Games held in Athens. The paper is based in Milan. Its role extends beyond news reporting and features, to direct involvement in major events, including (since 1909) the organization of the Giro d'Italia (Tour of Italy) road bicycle racing, road cycling race stage, stage race. ''La Gazzetta dello Sport'' is part of the RCS MediaGroup since 1976. The paper was published in broadsheet format until 2008 when its format was switched to tabloid (newspaper format), tabloid. The newspaper, published on pink paper, sells over 400,000 copies daily (more on Mondays when readers wa ...
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UEFA Financial Fair Play Regulations
The UEFA Financial Fair Play Regulations (FFP) are a set of regulations established to prevent professional football clubs spending more than they earn in the pursuit of success, and in doing so not getting into financial problems which might threaten their long-term survival. Some have argued that they were instituted to prevent financial "doping" from outside sources injecting money into smaller clubs. They were agreed to in September 2009 by the Financial Control Panel of football's governing body in Europe (Union of European Football Associations – UEFA). The regulations provide for sanctions to be taken against clubs who exceed spending, over several seasons, within a set budgetary framework. Implementation of the regulations took place at the outset of the 2011–12 football season. The severest penalty is disqualification from the European competitions. Other penalties included fines, the withholding of prize money, and player transfer bans. On announcing the new legisl ...
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The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the pa ...
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Equitable Charge
In finance, a security interest is a legal right granted by a debtor to a creditor over the debtor's property (usually referred to as the ''collateral'') which enables the creditor to have recourse to the property if the debtor defaults in making payment or otherwise performing the secured obligations. One of the most common examples of a security interest is a mortgage: a person borrows money from the bank to buy a house, and they grant a mortgage over the house so that if they default in repaying the loan, the bank can sell the house and apply the proceeds to the outstanding loan. Although most security interests are created by agreement between the parties, it is also possible for a security interest to arise by operation of law. For example, in many jurisdictions a mechanic who repairs a car benefits from a lien over the car for the cost of repairs. This lien arises by operation of law in the absence of any agreement between the parties. Most security interests are grant ...
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Linked Exchange Rate System In Hong Kong
A linked exchange rate system is a type of exchange rate regime that pegs the exchange rate of one currency to another. It is the exchange rate system implemented in Hong Kong to stabilise the exchange rate between the Hong Kong dollar (HKD) and the United States dollar (USD). The Macao pataca (MOP) is similarly linked to the Hong Kong dollar. Unlike a fixed exchange rate system, the government or central bank does not actively interfere in the foreign exchange market by controlling supply and demand of the currency in order to influence the exchange rate. The exchange rate is instead stabilized by an exchange mechanism, whereby the Hong Kong Monetary Authority (HKMA) authorises note-issuing banks to issue new banknotes provided that they deposit an equivalent value of US dollars with the HKMA. The Government, through the HKMA, authorises three commercial banks to issue banknotes: *The Hongkong and Shanghai Banking Corporation Limited; *the Standard Chartered Bank (Hong Kong) Limit ...
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Teamway International Group Holdings
Teamway International Group Holdings Limited is a Cayman-incorporated holding company based in Hong Kong and in the mainland China. It is a "registered non-Hong Kong company" in the Hong Kong Companies Registry since 2011. It was formerly known as Jin Bao Bao Holdings Limited (the Chinese legal name registered in Hong Kong was ). According to the company itself, it is "principally engaged in the business of (i) design, manufacture and sale of packaging products and structural components in the PRC; (ii) provision of corporate secretarial, consultancy and business valuation services; and (iii) property investment." History Jin Bao Bao Holdings Limited is a Chinese packaging group; the holding company itself, was incorporated in the Cayman Islands on 4 January 2011, but headquartered in Hong Kong. In December 2011, shortly after its initial public offering on the Stock Exchange of Hong Kong, the company was also infamously known for its narrow shareholders base, which 15 shareholde ...
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David Webb (Hong Kong Activist)
David Michael Webb (born 29 August 1965) is an activist investor, share market analyst and retired investment banker based in Hong Kong. Early life Webb graduated in Mathematics from Exeter College, Oxford in 1986. From 1981 to 1986 he was also an author of books and games for early home computers, particularly the Sinclair ZX Spectrum. He authored the Pac Man type game Spookyman and went on to create the acclaimed 3D Vector graphics game Starion on the Spectrum. After graduation he became an investment banker in London. He moved to Hong Kong in 1991. He retired from investment banking in 1998, and now lobbies extensively for increased transparency and public accountability of directors of public companies as well as for the Government of Hong Kong. Webb was appointed a Deputy Chairman of the Hong Kong Securities and Futures Commission's Takeover and Mergers Panel on 1 April 2013, having commenced serving as member on 1 April 2001. Activism Webb has been referred to as ...
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