Ma ''Pony'' Huateng, chairman and CEO of Tencent Holdings Ltd., speaks during the Guangdong-Hong ... [+] Kong-Macao Greater Bay Area Forum in Hong Kong, China, on June 20, 2017. Paul Yeung/BloombergMa Huateng, the CEO of China internet heavyweight Tencent Holdings, is back on top as the country’s richest person. Nongfu Spring closed at a four-and-a-half-month low of HK$38.75 on Wednesday this week, before rebounding to HK$40.15 on Thursday. Tencent said on March 24 its net profit in 2020 rose by 175% to 59.3 billion yuan, on revenue that gained 26% to 133 billion yuan. Nongfu Spring, by contrast, on March 25 said revenue fell by 4.8% last year to 22.9 billion yuan; its net profit gained by 6.3% to 5.3 billion yuan.

Source: Forbes April 01, 2021 23:51 UTC