Rising Holdings reprise en main – the president arrested. 5 September 2022 Reserved for subscribers Liu Weidong Liu Weidong, party committee secretary and chairman of Guangdong Rising Holdings Group Co., Ltd. [Rising Group], has been arrested pour “serious violation of discipline and the law“, a vague and recurring motive that intersects with both corruption and political indiscipline. Why it matters ? Rising Holding is a strategic group. Guangdong Rising Holdings Group Co., Ltd. was created in 1999 (10 billion yuan ~1.4 M euros). It is a public company “key” in Guangdong Province. In 23 ans, Rising Group has become a large group of multinational companies around the electronics sectors, natural resources, real estate and financial development. In 2021, the band was recording 4,27 billion yuan net profit (~€620million). Rising Holdings is the 78th largest multinational in China. This content is for subscribers only. Identify yourself or create an account by clicking here