Top 10 most expensive divorces in China
- By Zhang Junmian
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E-mail China.org.cn, October 11, 2012
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Sun Taoyan and Hu Linghua 藍色光標董事孫陶然+胡凌華
Estimated settlement: more than 167 million yuan (US$26.5 million)
On May 12, 2011, Sun Taoran, president and second largest stockholder of Beijing-based BlueFocus Communication Group, announced that he had partitioned about half of his 9.62 percent stakes in the company to his ex-wife Hu Linhua, valued to be 167 million yuan (US$26.5 million). The partition, which made Hu the 7th biggest stockholder of the company, was said to be only part of the compensation, as 43-year-old Sun is also the president of Beijing Lakala Billing Services, China's largest offline payment service company.
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