Six-year-old girl is China`s youngest shareholder

Last Updated: Friday, August 20, 2010 - 09:24

Beijing: A six-year-old girl has become the youngest shareholder on China`s Nasdaq-style growth enterprises board, after she inherited 62,500 shares from her father, reports Xinhua.

The Shaoxing-based Zhejiang Sunflower Light Energy Science & Technology Limited Liability Company started its initial public offerings (IPO) Monday.

Wu Qinyi`s father, a former secretary of Sunflower board, died last year in a traffic accident.

Her wealth was estimated at 1.05 million yuan (over $154,411).

She has also broken the record for youngest wealthy shareholder in China, previously set by a 13-year-old child who holds 220,000 shares of a company whose market value is about 10 million yuan.

IANS



First Published: Friday, August 20, 2010 - 09:24

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