Talk:Richard Ong

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Partial reversion of recent edits by IP editor[edit]

An IP editor whom I suspect has a conflict of interest made some edits to this page recently which deleted a large amount of sourced content and replaced it with unsourced content. I have partially reverted these changes:

  • Hopu is now the largest private equity fund in China --- needs a source. I left this in but marked it with a {{fact}} tag.
  • He was one of the fastest rising investment banker in Asia --- unsupported by the reference cited
  • Ong did not take the written Chinese language examination required to take up his new position --- from [1], the explanation is "didn't write Chinese well enough to take a mandatory test for senior managers". It doesn't say he failed it (my mistake); but it does say that he writes Chinese poorly, Also the China Economic Review article explicitly states that he failed the examination.
  • However many CEOs, deputy CEOs of local chinese securities companies such as CICC, Guotai, were not able to pass the CSRC examination as well, but were given waivers. --- the specific companies are not sourced, but the general idea is. I have removed the company names but left the rest of the statement.
  • Deletion of sources in the third paragraph about Ong's family ties --- reverted, of course. Deleting sourced information because you find it negative is unacceptable.
  • total demand of US$4.5 billion for Hopu --- needs a source, removed for now.
  • Hopu became the largest private equity fund in China with US$2.5 billion. Hopu early success demonstrated by its two investments - Lung Ming iron ore company in Mongolia and Bank of China. Both investments rumored to have generated over 40% IRR for its investors. Ong led a US$300 million investment in Lung Ming and US$700 million investment in Bank of China. This content doesn't really belong here; it is unsourced and is not about Ong himself. Someone should create a new page about the Hopu Fund instead.

Thanks, cab (talk) 09:56, 13 March 2009 (UTC)[reply]