While the majority of his fortune comes from Xiaomi, he also owns minority stakes in a number of Chinese online enterprises, including Hong Kong-listed anti-virus firm Kingsoft, private e-commerce companies Vancl and Lakala, mobile browser provider UC Web, and YY, which hit the Nasdaq exchange last Wednesday.
The National Development and Reform Commission, the top economic planning agency, is in charge of long-maturity bonds typically issued by major state-run enterprises, while the securities regulator runs a separate exchange-based bond market for listed firms.