China Billionaire Yi Zheng’s RoyalFlush Trading App Is Big Winner of Stimulus

China Billionaire Yi Zheng’s RoyalFlush Trading App Is Big Winner of Stimulus

The tycoon behind China’s RoyalFlush trading app has added $6 billion to his wealth since the nation’s stimulus blitz in September, underscoring how the volatility has been a boon for an elite few.

Yi Zheng, an engineering graduate who founded the entity behind Hithink RoyalFlush Information Network Co. in 1994, four years after China’s stock exchanges opened, is overseeing his company’s best share performance in half a decade after trading of mainland stocks surged.

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