Zhang Hongchao and Zhang Hongfu, founders of Chinese beverage giant Mixue Group, now have a combined net worth of $8.1 billion, surpassing Starbucks' former CEO Howard Schultz.

Mixue might have less brand recognition in the U.S., but the Chinese fast food chain has more locations than both Starbucks and McDonalds. The world’s biggest fast-food chain by locations isn’t ...

The artificial intelligence (AI) boom that propelled Chinese technology stocks higher has also galvanised refinancing ...

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