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Jack Ma sees new competition for title of China's wealthiest

Twin IPO successes push Zhong Shanshan to No. 3 spot on Hurun rich list

HONG KONG -- Jack Ma, China's richest man, has a new rival.

Zhong Shanshan, whose drinks business and medical supply company both pulled off successful initial public offerings this year, has seen his fortunes leap to put him among the country's wealthiest individuals, with a spot near the top of the Hurun China Rich List.

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