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GEG supports “New Fortune Top 500 Wealth Creators” press conference for third consecutive year

  • GEG’s GICC hosted the “2024 New Fortune Top 500 Wealth Creators” press conference.
  • This is the third straight year GEG has supported the event.

The “2024 New Fortune Top 500 Wealth Creators” press conference was held in Macau on 12 June at Galaxy International Convention Center (GICC), which Galaxy describes as Asia’s most iconic and advanced MICE destination. Nearly 200 guests from over 70 financial investment institutions, 35 listed companies and over 20 well-known enterprises attended the event.

The event, themed “New Quality Productive Forces Reshaping the Competitiveness of Private Enterprises”, was hosted by the mainland financial magazine New Fortune, with Galaxy Entertainment Group (GEG) as strategic partner. GEG has provided venue sponsorship for the event for three consecutive years and this year supported the event at GICC for the first time.

At the event, the “2024 New Fortune Top 500 Wealth Creators” was officially unveiled. This year, the total market value of the shares held by the 500 listed entrepreneurs (or families) reached RMB12.3 trillion and included 336 entrepreneurs with a combined holding value of over RMB10 billion. Zhong Shanshan, founder of bottled water company Nongfu Spring, topped the list again, while Colin Huang, founder of Chinese e-commerce giant PDD Holdings, and Zhang Yiming, founder of TikTok’s Chinese owner ByteDance, ranked second and third respectively.

New Fortune said the results reflect the emergence of a large number of competitive enterprises in the field of new quality productivity in China, while the internationalization of Chinese private enterprises is accelerating, with more than two-thirds of A-share companies generating overseas income.

Ms Linda Wong, Assistant Senior Vice President of Public Relations of GEG, attended the event as officiating guest while Ms Peggy Wong, Assistant Vice President of Hospitality and MICE Sales of GEG, highlighted GEG’s diverse tourism and leisure amenities. She also showcased GICC’s 40,000 square meters of total flexible MICE space which has staged diverse MICE, business events and activities since its opening in 2023 – which has been well received by community sectors.

 

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