It will be about news that, if it concerned someone from Russia, would hardly have aroused much interest. The CEO, co-founder of the Shanghai gaming company XD and owner of a fortune of $ 1.2 billion Huang Imang is preparing to move to live from China to another country.
Where exactly is not reported. The official reason for the move sounds ordinary: “for family reasons and in connection with the growing gaming opportunities abroad.”
This news aroused the Western media considerably. The same Reuters did not fail to link the future relocation of the billionaire with the tightening of China’s domestic policy towards the gaming sector. They say that recently more and more local companies are thinking about moving abroad.
As for Imang, he assures that he is not going to renounce Chinese citizenship, and his move is not related to the current situation of the company. By the way, XD was one of the first this year to receive a license for a game release after a nine-month pause in their issuance.