Investment guru posts elopement plans online
Source: Xinhua |
May 19, 2011, Thursday
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Print Edition
Print Edition
WANG Gongquan, co-founder of CDH Investment, raised eyebrows in China after posting plans to elope with his mistress on his microblog late on Monday night.
Wang made the announcement on the Twitter-like service at Weibo.com.
"Relatives, friends and fellow colleagues, I have given up everything and eloped with Wang Qin," he wrote, referring to the founder of Jiangsu Zhongfu Science and Technology Industrial Group Co.
"I cannot face all your expectations and trust, don't know how to explain. Beg your forgiveness," he wrote.
"There are so many appointments and responsibilities that I cannot make, so I will not turn on my mobile phone just yet. I don't care if my reputation is ruined," Wang, 50, said in another thread yesterday morning.
Though Wang's current whereabouts remain a mystery, his declaration had been shared more than 73,000 times and drew over 37,000 comments by yesterday.
While some netizens admired Wang's courage in pursuing his love, many felt sorry for his wife and accused him of immoral behavior.
Some dismissed his act as a publicity stunt. Contrary to leaving secretly, there is nothing secret about Wang's "elopement", commented netizen Xiqingwa.
CDH issued a letter saying that Wang "is taking some time off and that both the venture and private equity fund were operating normally."
CDH manages over US$5.5 billion from more than 100 international and domestic institutional investors, including China's National Social Security, a sovereign wealth fund, according to information on the company's website.
CDH Venture, CDH's venture capital arm, is ranked by Forbes as the fifth best venture capital firm in China.
Wang made the announcement on the Twitter-like service at Weibo.com.
"Relatives, friends and fellow colleagues, I have given up everything and eloped with Wang Qin," he wrote, referring to the founder of Jiangsu Zhongfu Science and Technology Industrial Group Co.
"I cannot face all your expectations and trust, don't know how to explain. Beg your forgiveness," he wrote.
"There are so many appointments and responsibilities that I cannot make, so I will not turn on my mobile phone just yet. I don't care if my reputation is ruined," Wang, 50, said in another thread yesterday morning.
Though Wang's current whereabouts remain a mystery, his declaration had been shared more than 73,000 times and drew over 37,000 comments by yesterday.
While some netizens admired Wang's courage in pursuing his love, many felt sorry for his wife and accused him of immoral behavior.
Some dismissed his act as a publicity stunt. Contrary to leaving secretly, there is nothing secret about Wang's "elopement", commented netizen Xiqingwa.
CDH issued a letter saying that Wang "is taking some time off and that both the venture and private equity fund were operating normally."
CDH manages over US$5.5 billion from more than 100 international and domestic institutional investors, including China's National Social Security, a sovereign wealth fund, according to information on the company's website.
CDH Venture, CDH's venture capital arm, is ranked by Forbes as the fifth best venture capital firm in China.
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