Q i Jinxing is the founder and chairman of Hangzhou Binjiang Real Estate Group, a prominent property developer based in Hangzhou, Zhejiang province. He began his career in the public sector, working in a government district office before moving to a management role at a construction firm. In 1996, he made the pivotal decision to turn down a higher government position to establish his own real estate company, Binjiang Group.
Under his leadership, Binjiang Real Estate has become a dominant player in the affluent Yangtze River Delta region, known for its high-quality residential projects. The company went public on the Shenzhen Stock Exchange in 2008. Qi successfully navigated the volatile Chinese property market by focusing on regional dominance and product quality rather than aggressive nationwide expansion. His wealth is derived from his controlling stake in the listed developer.
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Qi Jinxing is a Chinese businessman, the chairman of Hangzhou Binjiang Real Estate Group (SZSE: 002244), a real estate developer headquartered in Hangzhou.
His early career involved public service: he got his first job in a government district office before moving on to a management position at a construction firm. In 1996, he famously turned down a bigger government position to set up Hangzhou Binjiang.
Qi Jinxing's career is defined by his entrepreneurial ambition, choosing to build a private enterprise over a guaranteed political career in 1996. His structural achievement is tied to successfully developing the Hangzhou Binjiang Real Estate Group into a major developer, capitalizing on the immense urbanization of Chinese cities.
He continues as Chairman, guiding the publicly listed company's projects from its headquarters in Hangzhou.
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Worked in a government district office and a construction firm.
Set up Hangzhou Binjiang after turning down a government position.
Continues as Chairman.
Qi Jinxing's wealth is concentrated in his founding equity and continued leadership of the publicly traded real estate giant, Hangzhou Binjiang Real Estate Group.
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-14.29% | -$1.00B
+0.82% | +$371.84M
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