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WH Group (0288.HK)
16-05-2018, 03:36 PM,
Post: #1
WH Group (0288.HK)
This Chinese Pork CEO Was Paid More Than Tim Cook or Elon Musk

By Bruce Einhorn
May 16, 2018, 12:00 AM GMT+8

The highest paid executive of a Hong Kong-listed company last year wasn’t a high-flying financier or real-estate tycoon. It was Wan Long, a former factory manager who helped turn a humble state-owned meat processor into the world’s biggest pork producer -- and in doing so built his own fortune.

Compensation for Wan, chairman and chief executive officer of WH Group Ltd., was $291 million in salary and stock payments last year, according to the company’s annual report.

The pork boss topped high-profile American CEOs like Apple Inc.’s Tim Cook, Tesla Inc.’s Elon Musk and Goldman Sachs Group Inc.’s Lloyd Blankfein and was one of the best-paid executives anywhere in the world, according to data compiled by Bloomberg.

WH Group -- through subsidiaries Virginia-based Smithfield Foods and Chinese meat company Henan Shuanghui Investment & Development Co. -- operates hog farms and factories in China, the U.S. and Europe and also sells consumer brands like Farmland bacon and Eckrich sausage.

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12-06-2018, 02:48 PM,
Post: #2
RE: WH Group (0288.HK)
World's Largest Pork Producer Becomes Hong Kong's Worst Stock

By Kana Nishizawa  and Jeanny Yu
June 12, 2018, 1:11 PM GMT+8

Analysts can blame the U.S.-China trade spat for turning their favorite pork producer into the worst performer on Hong Kong’s benchmark Hang Seng Index.

WH Group Ltd., the world’s largest pork company, sank 3.6 percent on Tuesday at the midday break in Hong Kong, taking its three-day loss to 11 percent to become the year’s worst performer on the index. With the company getting more than half of its revenue from the U.S., investors are fleeing the stock ahead of a June 15 deadline for announcing the Chinese products that will be subject to 25 percent tariffs.

"The majority of people tend to think the tariffs are really coming," said Linus Yip, strategist at First Shanghai Securities. "The market is looking to reduce risks on related companies. WH Group is among companies with heavy exposure to the U.S."

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