Better half

“The group expects to see higher growth momentum in its results in the second half of the year”


Zhang Jianhong, chairman and CEO of Dongyue Group, sounds an upbeat note. His Hong Kong-listed company’s stock has surged 333% this year and last week saw inflows from the Shenzhen Stock Connect of HK$1.74 billion, more than twice the net buying in Tencent shares. The South China Morning Post describes Dongyue as the “DuPont of China” and says the company has benefited from the surge in demand for chemicals used in electric vehicles. Zhang has run the firm since 2006 and owns 12% of Dongyue’s shares.

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