Tianjin Medical Tycoon Raises $14 Billion to Invest in Tech Stocks

Tianjin’s medical tycoon, Liu Yi, continues his streak of investments in tech unicorns. On May 31, Liu’s controlled company, Jiuan Medical, announced a $103 million investment in the Hai Tang Tonghui Fund, which has signed an equity subscription agreement with Jieyue Xingchen, a hot large-scale company. Over the past three years, Liu, who made a fortune selling antigen products, has successfully invested in tech stars like Yue Zhi An Mian, Mu Xi Shares, and Zhi Yuan Robots, positioning himself in the forefront of the tech wave. His decisions have propelled Jiuan Medical, whose stock price rose from $40 per share…