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And the trend has not stopped. In a filing to the Shanghai Stock Exchange on Aug 10, SAIC Motor Corp, the country's largest car group by sales, said its general assembly had passed a bill to issue bonds worth up to 20 billion yuan.

Analysts attribute the profit growth to the bullish A-share market in March. According to Bloomberg, average daily stock turnover of the market hit 887 billion yuan in March, or 50 percent higher than in February, driving brokerage revenue up.

And if you’re looking for just a little context for that billion loss for Bezos (the first person to top 0 billion on Forbes’ list) … it’s what the company says it will spend to develop a second headquarters and employ 50,000 people in a yet-to-be-named city.

Andy Cosslett, Kingfisher chairman, praised Garnier's international experience, his recognized operational know-how at a multi-national retail business, his delivery of long-term value creation, and his experience in driving digital innovation, most recently in China.

Analysts say its sales in the world's largest car market would grow even further if it can improve the production of the cheaper Model 3 sedan.