Xinhua Finance founder Fredy Bush has been named Entrepreneur of the Year by Hong Kong’s American Chamber of Commerce in its annual Women of Influence awards. Bush founded Xinhua Finance in November 1999 at a time when the financial markets in China were much less developed than they are today. Xinhua Finance is China’s unchallenged leader in financial information and media services. Listed on Tokyo’s Mothers Board (9399), Xinhua Finance is headquartered in Shanghai, with a global network spanning 19 locations across North America, the Asia-Pacific, and Europe. The company has over $110 million in revenues, is listed in Tokyo and is valued at over $600 million (5.5 times revenues). Source: Business Strategies Group, Hong Kong, 18 October 2006

BIIA Newsletter October – 2006 Issue