1112:), which Li Yonghong was the general manager and his eldest brother Li Hongqiang as the chairman. In 2010 Chief Power Real Estate was dissolved by strike-off from the registry by the administration bureau, as the bureau failed to inspect the company. Chief Power Hotel Co., Ltd. was also involved in numerous legal dispute with others, including the selling of a unit in Chief Power Building without disclosing the unit had been mortgaged, contract dispute with a pawn shop in the sell and bought back of a unit of Chief Power Building, and fail to repayment of loans to
517:
2017, Reuters reported that Li only paid-in €27 million out of €60 million capital increase of AC Milan so far, matching the concern of his financial condition, willingness and ability to recapitalize Milan with such a high interest rate on a small amount of loan. Last but not least, Li failed to refurbish the loan in
February 2018, but was allowed to extend for a month, with an interest rate of 24% p.a.
1055:); the rest of the share was owned by a Honduras citizen, with unknown relation with Li family. Chinese police failed to arrest Li Hongqiang as he also had Hong Kong citizenship and evaded from mainland China. It was reported that Li Hongqiang had emigrated to Honduras. Jade Valley Group Limited was dissolved by striking off from the register by the government of Hong Kong in 2005.
385:) to sell the club for €740 million (including €220 million indebtedness of the company), valued on 30 June 2016 (A further €90 million cost of the club from 1 July to the closing date was added to the valuation). Sino-Europe Sports paid Fininvest €100 million immediately after the deal as a deposit, and the closing date of the deal was set at December 2016.
543:
speculated that the club may face disciplinary action regarding the club's summer spending. Eventually Milan was banned by UEFA from
European competition for the 2018–19 season, citing "the break-even requirement". It was reported that Milan failed to meet the aggregate break-even requirement for the
526:
reported that Li alleged that he had a mining empire to
Italian football officials, which "was hardly known even in mining circles ." The mining empire, on paper, was owned by other people. However, the newspaper also stated that "Some wealthy people in China list their holdings under the names of
1159:
The holding company, known as "Duolun
Investment (Hong Kong) Co., Ltd." at that time (now known as "P2P (China) Co., Ltd.") was incorporated in Hong Kong. The holding company owned 11.75% shares of the listed company as the largest shareholder at 31 December 2011. Li Yonghong acquired the holding
516:
the entire issued shares of
Rossoneri Advance to Teamway International Group as collateral. In September 2017, Rossoneri Sport Investment also filed a revised "Annual Return" to reflect the "correct" condition in June 2017, that Rossoneri Advance owned all the shares of the company. On 31 October
458:
for HK$ 864.5 million, meaning Sino-Europe Sports became a minority shareholder in
Rossoneri Sport Investment (of Hong Kong) for HK$ 100 million share, or 10.37%, although Chen remained as the sole director of Rossoneri Sport Investment and the 100% owner of the entire share capital of
436:
However, Sino-Europe Sports failed to pay the residual sum in
December, and the deal was delayed to March 2017. Sino-Europe Sports paid a second deposit of €100 million (making the total deposit €200 million) to Fininvest via Hong Kong subsidiaries of Sino-Europe Sports:
1183:), pledged the entire 11.75% shares back to Li Yonghong. Half of the pledged shares were released in April 2014 and May 2014, only sold by the holding company on the same day. In August 2014, the shares pledged to Li Yonghong were released, only re-pledged to
470:, Elliott used two associate companies, King George Investments and Genio Investments, to finance the parent company of Milan that was owned by Li indirectly. It was further reported that another private equity fund, Blue Skye, also financed the deal.
493:). It was reported that the final price of the club was €606 million (the price including a refurbishment of a €90m credit line of Fininvest to Milan), excluding the refurbishment of the club debt. The club had planned to issue 2 tranches of
441:
and
Rossoneri Champion Co., Ltd.. However, according to the filing in the Hong Kong Companies Registry, Rossoneri Sport Investment borrowed HK$ 830 million (around €100 million according to the exchange rate at that time) from a
551:
acquired full ownership of Milan. On 12 July, Elliott officially struck-off Li's holding company
Rossoneri Champion Inv. Lux. as a shareholder of Milan's direct parent company Rossoneri Sport Inv. Lux. According to the press release of
1160:
company in
December 2011 for CN¥360 million and sold in May–June 2012 for CN¥340 million. Before the deal, the holding company had already faced financial difficulties, which pledged 11.75% shares of the listed company to
480:
became the new direct parent company of the club. Rossoneri Luxembourg, as of January 2017, was owned by the Hong Kong company Rossoneri Sport Investment. On 14 April, Li Yonghong was confirmed as the new chairman of the club, and
1854:
527:
relatives or associates to avoid scrutiny". At the same time, UEFA was not convinced to accept a proposal from Milan, regarding a voluntary agreement that aimed to delay the deadline for the break-even requirement of
433:(formerly known as Jilin Yongda Group) signed an agreement to subscribe CN¥300 million deferred share, and would only pay-in the capital when the fund raised enough capital in ordinary and preference share.
537:. It was formally rejected in December by UEFA, citing "uncertainties in relation to the refinancing of the loans to be paid back in October 2018 and the financial guarantees provided by the main shareholder.";
293:
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.
512:) to Hong Kong-based Rossoneri Sport Investment. According to the press release by Teamway on 29 August 2017, it was also revealed that Rossoneri Advance was owned by Li Yonghong himself; Li
1164:
in October 2011, as well as selling a further 15.22% shares from April to September 2011 and an additional 9.53% shares in November 2011. A pledge of 35.82% shares of the listed company (to
2401:
454:) on 13 December 2016. The loan was refurbished on 23 January 2017. In February 2017, Rossoneri Sport Investment (of Hong Kong) was recapitalised by yet another BVI-incorporated company
1175:
In July 2013, the pledge of the 11.75% share of the listed company by the holding company was released by Bohai Trust. However, the holding company, under the new owner Xian Yan (
2339:
301:
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 (
3280:
2173:
330:
However, according to the filings in Hong Kong Companies Registry, there was no such Li Yonghong in the board of directors of Enson Enterprises, nor in Grand Dragon.
476:
2498:
327:'Aipu Technology') from 1997 to 2005, as well as chairman and CEO of Hong Kong-incorporated "Grand Dragon International Holdings Co., Ltd." from 2005.
1661:
1775:
2427:
1132:). Chief Power Hotel Co., Ltd. was also suffered from a scam that another person falsify a document to sell unit A2 of 12/F of Chief Power Building.
3265:
509:
1802:
1687:
3275:
1141:
416:
were the true owners of Sino-Europe Sports. Sino-Europe Sports was represented by David Han Li in the signing of the contracts with Fininvest.
2803:
2257:
3295:
1305:
In 2017 a press release of Grand Dragon International Holding appeared on the website of another company Guangdong Longhao Aviation Group (
528:
508:(known as Jin Bao Bao at that time), a small-sized Hong Kong-listed company, had lent US$ 8.3 million (approx. HK$ 65 million by
505:
1501:
2038:
462:
Sino-Europe Sports failed to pay the residual sum again in March 2017. In order to finalise the deal, the company received a loan from
1153:
3285:
1298:'Longhao International Group'). The company falsely claimed itself as the official Chinese side representative to build the
2450:
2287:
3090:
3061:
3032:
2974:
2945:
2916:
2887:
2858:
388:
According to the Chinese Government's National Enterprise Credit Information Publicity System, Sino-Europe Sports, registered in
1914:
1900:
497:
for a total of €128m, as well as a recapitalization of a maximum of €60m, in order to fund the club in 2017 after the takeover.
2114:
1972:
1880:
501:
3003:
2829:
1285:
1030:
463:
447:
350:
342:
334:
302:
214:
270:(born 16 September 1969) is a Chinese businessman and investor who first came into the public eye in 2016 when he succeeded
2374:
1439:
1338:
1326:
1306:
1269:
1261:
1233:
1221:
1213:
1205:
1197:
1176:
1095:
1081:
1067:
1048:
1011:
999:
991:
405:
393:
378:
314:
200:
3290:
1117:
1145:
1010:, Maoming. According to legal proceeding, Li family had set up a company in mainland China as Jade Valley Development (
3270:
553:
2199:
1560:
2700:(Press release) (in Chinese). Industrial & Commercial Administration Bureau of Hainan Province. 24 February 2010
2675:(Press release) (in Chinese). Industrial & Commercial Administration Bureau of Hainan Province. 17 December 2007
2016:
1950:
1763:
1994:
1713:
1625:"Fininvest: receipt of 85 million euros, the second installment of the down payment for the purchase of AC Milan"
2554:
2313:
2228:
1593:[Press Release – Milan: Fininvest signs preliminary selling agreement with Chinese group of investors]
1192:
1144:
for failing to disclose the sale of the entire share capital of the parent company of a Chinese listed company
413:
1624:
459:
Rossoneri Champion. The two BVI companies had raised concerns in Italy as to who the actual investors were.
1025:
According to the legal proceeding and Hong Kong Companies Registry, Li family had set up a Hong Kong company
1149:
1113:
533:
1284:
Li Yonghong alleged himself as the chairman of Hong Kong-incorporated Grand Dragon International Holdings (
3260:
443:
3197:
2244:
The Facility is secured by: (a) a deed of share charge executed by the Chargor in favour of the Lender...
1590:
309:) from 1994 to 1997 (a company dissolved by striking-off in 2000); the director and general manager of a
1928:
1121:
1828:
1472:
2476:
3255:
1169:
1125:
3119:
2143:
1018:) to invest in farmland. However, they also made false dividend forecast to attract investment as a
2070:
650:
420:
2646:
2525:
2430:. The Investigatory Chamber of Club Financial Control Body (Press release). UEFA. 15 December 2017
2265:
404:
of just CN¥100 million. However, it was reported that Li Yonghong and a private equity fund (
31:
3175:
2579:
2479:. The Adjudicatory Chamber of the Club Financial Control Body (Press release). UEFA. 27 June 2018
2258:"AC Milan, bilancio: da analisi covenant prestiti no criticità, fiducia in rinegoziazione debito"
1855:"Dalla disperazione ai 303 milioni Ecco come il cinese Yonghong Li ha salvato l'operazione Milan"
1184:
1007:
548:
522:
282:
67:
1714:"AC Milan: agreement for the closing by March 3rd 2017. Further EUR100 million deposit from SES"
2340:"Milan, Mr Li proroga i debiti a Hong Kong a interessi del 24% e si fa garantire dalla moglie"
2043:
1253:
539:
271:
3171:
1512:
2373:
1129:
513:
486:
389:
290:
237:
1406:
1094:'Haikou Chief Power Hotel Co.', ' Ltd.'), to develop Chief Power Building (
1047:) to channel the assets, which was 95% owned by Li Yonghong's eldest brother Li Hongqiang (
3222:
3202:[Clarification] (Press release). Grand Dragon International Holdings. 10 June 2017
135:
26:
2750:
2694:
1337:. According to the press release, Li defaulted a loan from aforementioned Hubei Jingjiu (
357:) and LYH Investment Limited, according to the database of Hong Kong Companies Registry.
1475:(in Chinese). China Securities Regulatory Commission (Shanghai Bureau). 29 November 2013
2609:
1545:
Annual Return in 2006, 2007, 2016, 2017 of Grand Dragon to Hong Kong Companies Registry
1019:
494:
419:
In the same month, Sino-Europe Sports founded a private equity fund (incorporated as a
2719:
2174:"Milan, lo scoop dei tifosi: i soldi dell'aumento prestati a Li con interessi del 14%"
2092:
2017:"L'Assemblea dei soci nomina il nuovo Consiglio di Amministrazione di AC Milan S.p.A."
1591:"Comunicato Stampa – Milan: Fininvest firma preliminare di vendita con cordata cinese"
1536:
Annual Return in 1995, 1996, 1997 of Enson Enterprises to Hong Kong Companies Registry
3249:
1212:), the relatives of Li Yonghong and Xian Yan respectively, had formed two companies (
482:
466:, an investment firm which has widely been described as a vulture fund. According to
401:
1973:"Rossoneri Sport Investment Luxembourg, ecco la holding in Lussemburgo per il Milan"
2314:"DISCLOSEABLE TRANSACTION SUPPLEMENTAL DEED RELATING TO PROVISION OF LOAN FACILITY"
1313:), denying Li was the chairman of Grand Dragon International Holdings at any time.
1165:
430:
244:
22:
1776:"Milan, Sino Europe Sports opens new offshore company to fund third €100M deposit"
3145:
1161:
373:, signed a preliminary agreement with the Chinese investment management company
1764:
https://en.calcioefinanza.com/wp-content/uploads/2017/02/Rossoneri-Sport-1.pdf/
2402:"Marca: "Il Milan rischia l'esclusione dalle coppe". Il club si dice sorpreso"
2118:
1299:
1080:'Hainan Chief Power Real Estate Development Co.', ' Ltd.' and
966:
370:
275:
142:
2672:
1232:) to buy the shares of Duolun Industry, which was accused by other investor (
1602:
1229:
1140:
Li Yonghong was also sanctioned CN¥600,000 in 2013 by the Chinese regulator
366:
310:
71:
2740:海口首力酒店有限公司诉海口百邦典当行借款合同纠纷案 （２００１）海中法民终字第１９号 Hainan Middle Court (in Chinese)
1561:"Comunicato congiunto Fininvest-Rossoneri Sport Inv.Lux – CLOSING AC MILAN"
1901:"Milan, nasce Project RedBlack: Holding in Lussemburgo che finanzierà Li"
1062:, Li family's Jade Valley Group Limited incorporated two subsidiaries in
333:
Instead, Li Yonghong was the director of China Power Group (HK) Limited (
2625:
1268:) to do business in some companies, such as Beijing Dahe Zhizhou Group (
1228:) respectively, which were the investors in a private equity fund (as a
278:. Li is also known for his stock market transactions in mainland China.
2555:"ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2018"
1334:
286:
1915:"Milan in Chinese hands: A closer look at the acquisition of AC Milan"
1511:(in Chinese). hosted by cninfo.com.cn. 6 December 2011. Archived from
1375:
2756:(in Chinese). China Cinda Asset Management, Hubei Branch. 24 May 2017
1885:
1444:(Press release) (in Chinese (China)). 湖北省荆门市中级人民法院. 12 September 2018
1346:
1103:
1063:
2804:"Chinese Businessman Buying AC Milan Was Penalized Over Stock Sale"
446:-incorporated company, Willy Shine International Holdings Limited (
2153:(in Chinese (Hong Kong)). Hong Kong: Next Digital. 23 October 2017
1651:
Filings in National Enterprise Credit Information Publicity System
556:, Li also defaulted on the loan from Teamway International Group.
1803:"Milan, tra il mistero delle Isole Vergini e i dubbi di Fassone"
2647:
http://www.gld.gov.hk/egazette/pdf/20050911/egn200509111226.pdf
2375:"China's Soccer Push Puts a Storied Team Under Murky Ownership"
2372:
Wee, Sui-Lee; Mcmorrow, Ryan; Panja, Tariq (16 November 2017).
1156:, now known as "P2P Financial Information Service Co., Ltd.").
1751:
1006:), which were arrested in 2003 for illegally raising funds in
429:) to raise funds to acquire Milan, and Chinese listed company
1688:"关于中欧体育投资管理长兴有限公司与Fininvest S.p.A.签署收购A.C.米兰俱乐部99.93%股权协议的公告"
392:, was solely owned by mainland Chinese citizen Chen Huashan (
2560:(Press release). Teamway International Group. 30 August 2018
2542:
2382:. Other contributors: Rory Smith, Zhang Tiantian and Zoe Mou
375:
Sino-Europe Sports Investment Management Changxing Co., Ltd.
2319:(Press release). Teamway International Group. 5 March 2018
1415:(in Chinese (China)). Xinhua News Agency. 23 November 2016
990:
It was reported that Li Yonghong is the son of Li Naizhi (
2200:"Nuovo prestito a Li Yonghong Ad agosto 7 milioni al 14%"
473:
On 13 April 2017, the sale was officially finalised, and
3071:(in Chinese). Shanghai Stock Exchange. 10 September 2011
2897:(in Chinese). Shanghai Stock Exchange. 21 September 2011
2526:"Become an FT subscriber to read | Financial Times"
2288:"Milan: new evidence points to dire financial situation"
2984:(in Chinese). Shanghai Stock Exchange. 25 November 2011
2955:(in Chinese). Shanghai Stock Exchange. 24 November 2011
2926:(in Chinese). Shanghai Stock Exchange. 19 November 2011
2499:"Milan fuori dalle coppe per un anno: la sentenza Uefa"
2144:"Zhōng zī mǎi qǐ AC mǐ lán yí tòu guò ké gǔ chóu qián"
1555:
1553:
1551:
289:, Guangdong Province. He also had a citizenship in the
281:
Li Yonghong was born in Guantang Village, Daqiao Town,
2868:(in Chinese). Shanghai Stock Exchange. 22 October 2011
2583:
2234:(Press release). Jin Bao Bao Holdings. 29 August 2017
341:), Hong Kong China Power Books Publication Co., Ltd. (
2568:– via Hong Kong Exchanges and Clearing website.
2477:"CFCB Adjudicatory Chamber renders AC Milan decision"
2408:(in Italian). Milan: RCS MediaGroup. 21 November 2017
2327:– via Hong Kong Exchanges and Clearing website.
2242:– via Hong Kong Exchange and Clearing Limited.
2229:"Disclosable transaction: provision of loan facility"
1694:(in Chinese). Hosted by cninfo.com.cn. 12 August 2016
562:
structure of Sino-Europe Sports (as of January 2017)
249:
3126:(in Chinese). Re-published by sina. 27 February 2013
3042:(in Chinese). Shanghai Stock Exchange. 13 April 2011
2839:(in Chinese). Shanghai Stock Exchange. 20 March 2012
2206:(in Italian). Milan: RCS MediaGroup. 25 October 2017
1128:
1.1 million; the bank business was received by
3013:(in Chinese). Shanghai Stock Exchange. 1 April 2011
2722:(in Chinese). Beijing Kenuo Law Firm. 31 March 2017
2428:"AC Milan request for voluntary agreement rejected"
1829:"Elliott rescues deal to sell soccer club AC Milan"
243:
236:
231:
213:
199:
190:
159:
151:
122:
114:
87:
79:
50:
43:
3100:(in Chinese). Shanghai Stock Exchange. 9 July 2013
2039:"Fininvest, 25 milioni spesi per vendere il Milan"
1668:(in Chinese). Hosted by cninfo.com.cn. 2 June 2016
1647:
1645:
1380:[acquires AC Milan, who is Li Yonghong?].
1172:) were only released in April and September 2011.
615:Sino-Europe Sports Investment Management Changxing
2505:(in Italian). Milan: RCS MediaGroup. 27 June 2018
2119:"Questions on Teamway (1239) and a bit of soccer"
1369:
1367:
2524:Ahmed, Murad; Massoudi, Arash (6 October 2019).
2451:"AC Milan face exclusion from European football"
2064:
2062:
683:Rossoneri Sport Investment Management Changxing
2661:(in Chinese). Hainan Yearbook Editorial Board.
1975:(in Italian). Calcio e Finanza. 6 January 2017
759:structure of AC Milan Group (as of June 2017)
369:, the parent company of Italian football club
2788:
2774:
1042:
424:
219:
205:
8:
2776:中国光大银行武汉分行诉海南首力房地产开发有限公司借款合同纠纷案 海南省海口市中级人民法院
2620:
2618:
1861:(in Italian). RCS MediaGroup. 26 March 2017
1496:
1494:
1492:
1490:
1995:"Official: Yonghong Li new Milan president"
1293:
1276:) and Li family's Chief Power Real Estate.
1089:
1075:
322:
2457:. Translated by Mayo, Marc. RCS MediaGroup
2367:
2365:
2363:
2361:
2223:
2221:
1321:On 12 September 2018, Li was added to the
755:
558:
274:as the owner of the Italian football club
228:
40:
1750:Filings in Hong Kong Companies Registry (
1585:
1583:
1581:
1401:
1399:
1384:(in Chinese (China)). Nanfang Media Group
2628:(in Chinese). 163.com. 30 September 2016
2605:
2603:
2601:
2294:. Milan: Calcioinfinito. 24 October 2017
2073:(Press release) (in Italian). A.C. Milan
880:Rossoneri Champion Investment Luxembourg
649:Sino-Europe Sports Investment Changxing
3281:Chinese football chairmen and investors
2019:(in Italian). A.C. Milan. 14 April 2017
1746:
1744:
1742:
1740:
1738:
1736:
1734:
1662:"关于全资子公司永大创新金融服务(深圳)有限公司拟参与投资产业并购基金的公告"
1434:
1432:
1430:
1363:
1256:Press"), Li Yonghong may used an alias
1116:(the bad debt was later transferred to
500:On 22 October 2017, it was revealed by
1881:"Time to Question the AC Milan Owners"
1467:
1465:
1463:
1461:
1459:
1142:China Securities Regulatory Commission
1039:Lis Consortium (International) Limited
510:the narrow band floating exchange rate
475:Rossoneri Sport Investment Luxembourg
187:
130:Former owner of Duolun Investment (HK)
2449:Díaz, José Félix (21 November 2017).
998:) and younger brother of Li Yongfei (
965:
959:
953:
947:
945:Rossoneri Sport Investment Luxembourg
944:
920:
896:
889:
887:
884:
882:
879:
863:
857:
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853:
837:
818:
816:
814:
812:
810:
808:
805:
799:
793:
786:
780:
774:
767:
743:
741:
739:Rossoneri Sport Investment Luxembourg
738:
722:
706:
699:
689:
682:
672:
648:
638:
636:
634:
628:
619:
614:
604:
598:
596:
590:
579:
570:
349:), Noble Wisdom Development Limited (
7:
529:UEFA Financial Fair Play Regulations
439:Rossoneri Sport Investment Co., Ltd.
3221:赵毅波 (22 October 2018). 马小龙 (ed.).
2256:Pollina, Elvira (31 October 2017).
1323:List of Dishonest Judgment Debtors
1317:List of Dishonest Judgment Debtors
1280:Grand Dragon International Holding
1240:) of the fund as insider trading.
1146:Shanghai Duolun Industry Co., Ltd.
14:
1929:"Official Berlusconi sells Milan"
2790:（2013）刑事判决书 龙刑初字第141号 海口市龙华区人民法院
2172:Festa, Carlo (24 October 2017).
1997:. Football Italia. 14 April 2017
1953:. Football Italia. 13 April 2017
1931:. Football Italia. 13 April 2017
1441:湖北精九投资有限公司、李勇鸿金融借款合同纠纷执行实施类执行裁定书
3266:AC Milan chairmen and investors
2580:"Luxembourg Business Registers"
2081:– via Gazzetta Ufficiale.
1801:Festa, Carlo (5 January 2017).
2338:Festa, Carlo (11 March 2018).
1951:"Li: 'We'll bring Milan back'"
1351:
1342:
1330:
1310:
1289:
1273:
1265:
1237:
1225:
1217:
1209:
1201:
1190:According to a news report by
1180:
1108:
1099:
1085:
1071:
1052:
1034:
1015:
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995:
464:Elliott Management Corporation
451:
409:
397:
382:
354:
346:
338:
318:
306:
250:
220:
206:
1:
3276:Businesspeople from Guangdong
2069:Roveda, Arrigo (2 May 2017).
1630:. Fininvest. 6 September 2016
531:, according to a report from
3210:– via longhao-air.com.
2754:(re-published in jrj.com.cn)
2264:(in Italian). Archived from
2214:– via pressreader.com.
2047:(in Italian). 17 August 2017
1719:. Fininvest. 7 December 2016
1248:According to news report by
1118:China Cinda Asset Management
822:Blue Skye Financial Partners
456:Rossoneri Advanced Co., Ltd.
3296:Sportspeople from Guangdong
2071:"Convocazione di assemblea"
1752:https://www.icris.cr.gov.hk
554:Teamway International Group
506:Teamway International Group
3312:
3152:(in Chinese). 30 July 2013
2093:"AUMENTO DI CAPITALE 2017"
1566:. Fininvest. 13 April 2017
806:Rossoneri Sport Investment
700:Rossoneri Sport Investment
544:period from 2014 to 2017.
138:of Chief Power Real Estate
20:
2789:
2775:
2720:"从公证撤销看一起撤回房产预售申请不予备案决定案"
2610:化州市公安局起诉意见书 化公诉字(2004)22号
2543:https://gd.lu/rcsl/4j3ZH8
1043:
1027:Jade Valley Group Limited
981:Other Business Activities
957:
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414:Haixia Capital Management
261:
227:
195:
3286:Hong Kong businesspeople
3223:
3198:
3146:"多伦股份幕后玩家指向大河系 看似平行的交叉线"
3124:China Securities Journal
2626:"AC米兰玩家李勇鸿:或曾列入非法集资追逃名单"
2342:. "The Insider" column.
2145:
1835:. Reuters. 27 March 2017
1805:. "The Insider" column.
1440:
1407:
1376:
1333:) by the local court of
1193:China Securities Journal
215:Traditional Chinese
2808:The Wall Street Journal
2503:La Gazzetta dello Sport
2406:La Gazzetta dello Sport
2204:La Gazzetta dello Sport
1114:China Construction Bank
825:King George Investments
534:La Gazzetta dello Sport
491:Amministratore Delegato
201:Simplified Chinese
3224:AC米兰旧主李勇鸿被限出入境 牵出神秘资本圈
3172:"揭秘"中泰签署克拉运河合作备忘录"的背后"
3120:"私募沐雪巴菲特一号纠纷追踪：谁的资本玩偶"
1374:施南 (6 December 2017).
620:2 private equity funds
490:
485:was confirmed as CEO (
2698:(hosted in hinews.cn)
1122:China Investment Bank
520:On 16 November 2017,
118:Businessman, investor
3231:(in Chinese (China))
3004:"2010 Annual Report"
2830:"2011 Annual Report"
2659:1993 Hainan Yearbook
1060:1993 Hainan Yearbook
1037:, formerly known as
3291:People from Maoming
2180:(in Italian). Milan
2117:(22 October 2017).
2095:. A.C. Milan. 2017
1859:Corriere della Sera
1473:"行政处罚决定书：沪［2013］1号"
421:limited partnership
16:Chinese businessman
3271:AC Milan directors
3176:Xinhua News Agency
2810:. 8 September 2016
2380:The New York Times
2268:on 1 November 2017
1692:Jilin Yongda Group
1666:Jilin Yongda Group
1185:Ping An Securities
885:Rossoneri Champion
744:Rossoneri Champion
549:Elliott Management
523:The New York Times
2292:calciomercato.com
2044:MF Milano Finanza
1833:Reuters Editorial
1296:
1252:(a newspaper of "
1196:, Chen Jianyong (
1187:on the same day.
1092:
1078:
986:Jade Valley Group
978:
977:
974:
973:
828:Genio Investments
787:Rossoneri Advance
754:
753:
750:
749:
325:
272:Silvio Berlusconi
265:
264:
257:
256:
238:Standard Mandarin
186:
185:
182:
181:
110:
109:
61:16 September 1969
3303:
3241:
3240:
3238:
3236:
3218:
3212:
3211:
3209:
3207:
3194:
3188:
3187:
3185:
3183:
3168:
3162:
3161:
3159:
3157:
3150:Securities Times
3142:
3136:
3135:
3133:
3131:
3116:
3110:
3109:
3107:
3105:
3095:
3087:
3081:
3080:
3078:
3076:
3066:
3058:
3052:
3051:
3049:
3047:
3037:
3029:
3023:
3022:
3020:
3018:
3008:
3000:
2994:
2993:
2991:
2989:
2979:
2975:"关于大股东减持公司股份的公告"
2971:
2965:
2964:
2962:
2960:
2950:
2946:"关于大股东减持公司股份的公告"
2942:
2936:
2935:
2933:
2931:
2921:
2913:
2907:
2906:
2904:
2902:
2892:
2884:
2878:
2877:
2875:
2873:
2863:
2855:
2849:
2848:
2846:
2844:
2834:
2826:
2820:
2819:
2817:
2815:
2800:
2794:
2792:
2791:
2786:
2780:
2778:
2777:
2772:
2766:
2765:
2763:
2761:
2755:
2747:
2741:
2738:
2732:
2731:
2729:
2727:
2716:
2710:
2709:
2707:
2705:
2699:
2691:
2685:
2684:
2682:
2680:
2669:
2663:
2662:
2655:
2649:
2644:
2638:
2637:
2635:
2633:
2622:
2613:
2607:
2596:
2595:
2593:
2591:
2582:. Archived from
2576:
2570:
2569:
2567:
2565:
2559:
2551:
2545:
2540:
2534:
2533:
2521:
2515:
2514:
2512:
2510:
2495:
2489:
2488:
2486:
2484:
2473:
2467:
2466:
2464:
2462:
2446:
2440:
2439:
2437:
2435:
2424:
2418:
2417:
2415:
2413:
2398:
2392:
2391:
2389:
2387:
2377:
2369:
2356:
2355:
2353:
2351:
2335:
2329:
2328:
2326:
2324:
2318:
2310:
2304:
2303:
2301:
2299:
2284:
2278:
2277:
2275:
2273:
2253:
2247:
2246:
2241:
2239:
2233:
2225:
2216:
2215:
2213:
2211:
2196:
2190:
2189:
2187:
2185:
2169:
2163:
2162:
2160:
2158:
2146:中資買起AC米蘭 疑透過殼股籌錢
2140:
2134:
2133:
2131:
2129:
2111:
2105:
2104:
2102:
2100:
2089:
2083:
2082:
2080:
2078:
2066:
2057:
2056:
2054:
2052:
2035:
2029:
2028:
2026:
2024:
2013:
2007:
2006:
2004:
2002:
1991:
1985:
1984:
1982:
1980:
1969:
1963:
1962:
1960:
1958:
1947:
1941:
1940:
1938:
1936:
1925:
1919:
1918:
1917:. 24 April 2017.
1911:
1905:
1904:
1903:. 12 April 2017.
1897:
1891:
1890:
1877:
1871:
1870:
1868:
1866:
1851:
1845:
1844:
1842:
1840:
1825:
1819:
1818:
1816:
1814:
1798:
1792:
1791:
1789:
1787:
1780:Calcio e Finanza
1772:
1766:
1761:
1755:
1748:
1729:
1728:
1726:
1724:
1718:
1710:
1704:
1703:
1701:
1699:
1684:
1678:
1677:
1675:
1673:
1658:
1652:
1649:
1640:
1639:
1637:
1635:
1629:
1621:
1615:
1614:
1612:
1610:
1596:
1587:
1576:
1575:
1573:
1571:
1565:
1557:
1546:
1543:
1537:
1534:
1528:
1527:
1525:
1523:
1518:on 14 April 2017
1517:
1506:
1498:
1485:
1484:
1482:
1480:
1469:
1454:
1453:
1451:
1449:
1436:
1425:
1424:
1422:
1420:
1403:
1394:
1393:
1391:
1389:
1371:
1353:
1344:
1332:
1312:
1297:
1294:
1291:
1275:
1267:
1250:Securities Times
1239:
1227:
1219:
1211:
1203:
1182:
1130:China CITIC Bank
1110:
1101:
1093:
1090:
1087:
1079:
1076:
1073:
1054:
1046:
1045:
1036:
1017:
1005:
997:
890:Project Redblack
765:
764:
756:
568:
567:
559:
468:Calcio e Finanza
453:
428:
427:
411:
399:
390:Changxing County
384:
365:In August 2016,
356:
348:
340:
326:
323:
320:
313:-based company (
308:
291:Hong Kong S.A.R.
253:
252:
229:
223:
222:
209:
208:
188:
164:
163:
141:Former owner of
131:
92:
91:
64:
60:
58:
41:
36:
3311:
3310:
3306:
3305:
3304:
3302:
3301:
3300:
3246:
3245:
3244:
3234:
3232:
3225:
3220:
3219:
3215:
3205:
3203:
3200:
3196:
3195:
3191:
3181:
3179:
3170:
3169:
3165:
3155:
3153:
3144:
3143:
3139:
3129:
3127:
3118:
3117:
3113:
3103:
3101:
3098:Duolun Industry
3093:
3091:"大股东股权解押及质押的公告"
3089:
3088:
3084:
3074:
3072:
3069:Duolun Industry
3064:
3060:
3059:
3055:
3045:
3043:
3040:Duolun Industry
3035:
3031:
3030:
3026:
3016:
3014:
3011:Duolun Industry
3006:
3002:
3001:
2997:
2987:
2985:
2982:Duolun Industry
2977:
2973:
2972:
2968:
2958:
2956:
2953:Duolun Industry
2948:
2944:
2943:
2939:
2929:
2927:
2924:Duolun Industry
2919:
2915:
2914:
2910:
2900:
2898:
2895:Duolun Industry
2890:
2886:
2885:
2881:
2871:
2869:
2866:Duolun Industry
2861:
2857:
2856:
2852:
2842:
2840:
2837:Duolun Industry
2832:
2828:
2827:
2823:
2813:
2811:
2802:
2801:
2797:
2787:
2783:
2773:
2769:
2759:
2757:
2753:
2749:
2748:
2744:
2739:
2735:
2725:
2723:
2718:
2717:
2713:
2703:
2701:
2697:
2693:
2692:
2688:
2678:
2676:
2671:
2670:
2666:
2657:
2656:
2652:
2645:
2641:
2631:
2629:
2624:
2623:
2616:
2608:
2599:
2589:
2587:
2578:
2577:
2573:
2563:
2561:
2557:
2553:
2552:
2548:
2541:
2537:
2530:Financial Times
2523:
2522:
2518:
2508:
2506:
2497:
2496:
2492:
2482:
2480:
2475:
2474:
2470:
2460:
2458:
2448:
2447:
2443:
2433:
2431:
2426:
2425:
2421:
2411:
2409:
2400:
2399:
2395:
2385:
2383:
2371:
2370:
2359:
2349:
2347:
2337:
2336:
2332:
2322:
2320:
2316:
2312:
2311:
2307:
2297:
2295:
2286:
2285:
2281:
2271:
2269:
2255:
2254:
2250:
2237:
2235:
2231:
2227:
2226:
2219:
2209:
2207:
2198:
2197:
2193:
2183:
2181:
2171:
2170:
2166:
2156:
2154:
2147:
2142:
2141:
2137:
2127:
2125:
2113:
2112:
2108:
2098:
2096:
2091:
2090:
2086:
2076:
2074:
2068:
2067:
2060:
2050:
2048:
2037:
2036:
2032:
2022:
2020:
2015:
2014:
2010:
2000:
1998:
1993:
1992:
1988:
1978:
1976:
1971:
1970:
1966:
1956:
1954:
1949:
1948:
1944:
1934:
1932:
1927:
1926:
1922:
1913:
1912:
1908:
1899:
1898:
1894:
1879:
1878:
1874:
1864:
1862:
1853:
1852:
1848:
1838:
1836:
1827:
1826:
1822:
1812:
1810:
1800:
1799:
1795:
1785:
1783:
1782:. 24 March 2017
1774:
1773:
1769:
1762:
1758:
1749:
1732:
1722:
1720:
1716:
1712:
1711:
1707:
1697:
1695:
1686:
1685:
1681:
1671:
1669:
1660:
1659:
1655:
1650:
1643:
1633:
1631:
1627:
1623:
1622:
1618:
1608:
1606:
1605:. 5 August 2016
1594:
1589:
1588:
1579:
1569:
1567:
1563:
1559:
1558:
1549:
1544:
1540:
1535:
1531:
1521:
1519:
1515:
1504:
1500:
1499:
1488:
1478:
1476:
1471:
1470:
1457:
1447:
1445:
1442:
1438:
1437:
1428:
1418:
1416:
1409:
1405:
1404:
1397:
1387:
1385:
1382:Nanfang Weekend
1378:
1373:
1372:
1365:
1361:
1319:
1282:
1246:
1204:) and Xian Li (
1170:New China Trust
1138:
1136:Duolun Industry
988:
983:
831:
495:corporate bonds
363:
299:
147:
129:
75:
65:
62:
56:
54:
46:
39:
34:
17:
12:
11:
5:
3309:
3307:
3299:
3298:
3293:
3288:
3283:
3278:
3273:
3268:
3263:
3258:
3248:
3247:
3243:
3242:
3213:
3189:
3174:(in Chinese).
3163:
3137:
3111:
3082:
3053:
3024:
2995:
2966:
2937:
2908:
2879:
2850:
2821:
2795:
2781:
2767:
2742:
2733:
2711:
2686:
2664:
2650:
2639:
2614:
2597:
2586:on 2 July 2020
2571:
2546:
2535:
2516:
2490:
2468:
2441:
2419:
2393:
2357:
2344:Il Sole 24 Ore
2330:
2305:
2279:
2248:
2217:
2191:
2178:Il Sole 24 Ore
2164:
2135:
2106:
2084:
2058:
2030:
2008:
1986:
1964:
1942:
1920:
1906:
1892:
1872:
1846:
1820:
1793:
1767:
1756:
1730:
1705:
1679:
1653:
1641:
1616:
1601:(in Italian).
1577:
1547:
1538:
1529:
1486:
1455:
1426:
1395:
1362:
1360:
1357:
1318:
1315:
1281:
1278:
1254:People's Daily
1245:
1242:
1137:
1134:
1020:pyramid scheme
987:
984:
982:
979:
976:
975:
972:
970:
969:
963:
961:
960:
958:
956:
954:
951:
949:
948:
946:
942:
941:
939:
937:
935:
933:
931:
929:
927:
925:
922:
921:
919:
917:
915:
913:
911:
909:
907:
905:
903:
901:
899:
897:
894:
892:
891:
888:
886:
883:
881:
877:
876:
874:
872:
870:
868:
865:
864:
862:
860:
858:
856:
854:
852:
850:
848:
846:
844:
842:
840:
838:
835:
833:
832:
830:
829:
826:
823:
819:
817:
815:
813:
811:
809:
807:
803:
801:
800:
798:
796:
794:
791:
789:
788:
784:
782:
781:
779:
777:
775:
772:
770:
769:
761:
760:
752:
751:
748:
746:
745:
742:
740:
736:
735:
733:
731:
729:
727:
724:
723:
721:
719:
717:
715:
713:
711:
709:
707:
704:
702:
701:
697:
695:
694:
692:
690:
687:
685:
684:
680:
678:
677:
675:
673:
670:
669:
667:
665:
662:
661:
659:
657:
655:
653:
646:
644:
643:
641:
639:
637:
635:
633:
631:
629:
626:
625:
622:
621:
618:
616:
612:
610:
609:
607:
605:
603:
601:
599:
597:
595:
593:
591:
588:
587:
585:
582:
581:
578:
576:
574:
572:
564:
563:
547:In July 2018,
383:中欧体育投资管理长兴有限公司
362:
359:
298:
295:
263:
262:
259:
258:
255:
254:
247:
241:
240:
234:
233:
232:Transcriptions
225:
224:
217:
211:
210:
203:
197:
196:
193:
192:
184:
183:
180:
179:
176:
172:
171:
168:
161:
157:
156:
153:
149:
148:
146:
145:
139:
132:
126:
124:
123:Known for
120:
119:
116:
112:
111:
108:
107:
106:(1994–present)
104:
100:
99:
96:
95:mainland China
89:
85:
84:
81:
77:
76:
66:
52:
48:
47:
44:
15:
13:
10:
9:
6:
4:
3:
2:
3308:
3297:
3294:
3292:
3289:
3287:
3284:
3282:
3279:
3277:
3274:
3272:
3269:
3267:
3264:
3262:
3261:Living people
3259:
3257:
3254:
3253:
3251:
3230:
3226:
3217:
3214:
3201:
3193:
3190:
3178:. 20 May 2015
3177:
3173:
3167:
3164:
3151:
3147:
3141:
3138:
3125:
3121:
3115:
3112:
3099:
3092:
3086:
3083:
3070:
3063:
3057:
3054:
3041:
3034:
3028:
3025:
3012:
3005:
2999:
2996:
2983:
2976:
2970:
2967:
2954:
2947:
2941:
2938:
2925:
2918:
2912:
2909:
2896:
2889:
2883:
2880:
2867:
2860:
2854:
2851:
2838:
2831:
2825:
2822:
2809:
2805:
2799:
2796:
2785:
2782:
2771:
2768:
2752:
2746:
2743:
2737:
2734:
2721:
2715:
2712:
2696:
2690:
2687:
2674:
2668:
2665:
2660:
2654:
2651:
2648:
2643:
2640:
2627:
2621:
2619:
2615:
2611:
2606:
2604:
2602:
2598:
2585:
2581:
2575:
2572:
2556:
2550:
2547:
2544:
2539:
2536:
2531:
2527:
2520:
2517:
2504:
2500:
2494:
2491:
2478:
2472:
2469:
2456:
2452:
2445:
2442:
2429:
2423:
2420:
2407:
2403:
2397:
2394:
2381:
2376:
2368:
2366:
2364:
2362:
2358:
2345:
2341:
2334:
2331:
2315:
2309:
2306:
2293:
2289:
2283:
2280:
2267:
2263:
2259:
2252:
2249:
2245:
2230:
2224:
2222:
2218:
2205:
2201:
2195:
2192:
2179:
2175:
2168:
2165:
2152:
2148:
2139:
2136:
2124:
2123:webb-site.com
2120:
2116:
2110:
2107:
2094:
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