The founder¹ of a Chinese courier group whose company went public on Friday is now worth $27.5bn, making him the country’s third-richest man.

上周五上市的一家中国快递集团的创始人的身家如今达到275亿美元，使其成为中国第三大富豪。

Wang Wei, chairman, saw his paper worth rocket after reversing SF Express— one of a clutch of domestic logistics companies that has ballooned on the back of China’s ecommerce sector² — into a shell company on the Shenzhen stock market.

在顺丰速运(SF Express)——在中国电子商务板块支撑下蓬勃发展的众多物流公司之一——借壳登陆深股市场后，其董事长王卫的身家飙升。

He now presides over the most valuable company on the Shenzhen exchange, which is a magnet for technology listings. Maanshan Dingtai Rare Earth & New Material Co — to use its name until last Thursday — is valued at Rmb292.9bn ($42.6bn), or roughly the same as US internet group Yahoo.

他如今执掌着科技股云集的深交所市值最高的公司。直到上周四一直被称为马鞍山鼎泰稀土新材料股份公司(Maanshan Dingtai Rare Earth & New Material Co)的该上市公司，如今市值达到2929亿元人民币（合426亿美元），与美国互联网集团雅虎(Yahoo)的市值相差无几。

The listing pushes Mr Wang ahead of Pony³ Ma, Tencent’s chief executive, on the country’s rich list. He trails only Alibaba founder Jack⁴ Ma and Wang Jianlin, who heads the acquisitive conglomerate⁵ Dalian Wanda, according to Bloomberg data.

此次上市使得王卫在中国富豪榜上的排名超过了腾讯(Tencent)首席执行官马化腾(Pony Ma)。彭博(Bloomberg)数据显示，如今他仅落后于阿里巴巴(Alibaba)创始人马云(Jack Ma)和收购意识较强的综合企业大连万达(Dalian Wanda)的掌门人王健林。

SF Express is expected to generate net income of Rmb2.8bn this year, according to a survey of analysts⁶’ forecasts by Bloomberg, which has it on a trailing price/earnings multiple of 822 times. The valuation testifies to a tiny free float and the money washing around China due to a spate⁷ of measures to stem capital flight. With the clampdown on overseas investments, opportunities at home are attracting more attention.

彭博对分析师的调查显示，预计顺丰速运今年将实现28亿元人民币的净利润，使其往绩市盈率达到822倍。这一估值说明了自由流通股数量微不足道以及一系列阻止资本外逃的措施造成的中国金融体系资金充沛的局面。在海外投资受到抑制的情况下，国内的投资机会吸引了更多关注。

Mr Wang also becomes the fourth-richest billionaire in Asia, behind the two Chinese titans and Hong Kong’s Li Ka-shing. That ranking is afforded in part by the small free float: the public listing represents 3.2 per cent of total issued share capital. Mr Wang’s holding is 64.6 per cent.

王卫也成了紧随中国内地两大富豪和香港富豪李嘉诚(Li Ka-shing)之后的亚洲第四大富豪。这一排名部分是由于自由流通股数量较小造成的：此次公开发行的流通股仅占已发行总股本的3.2%。王卫持股比例为64.6%。

The squeeze pushed up the shares by the daily limit of 10 per cent on Friday, Monday and Tuesday. They were up a further 10 per cent by yesterday lunchtime, but subsequently pared gains to close up 4.8 per cent on the day.

有限的流通股推动了顺丰股价在上周五、本周一和周二天天涨停（触及每日10%的涨幅上限）。截至昨日午盘，其股价进一步上涨10%，但随后回吐部分涨幅，收涨4.8%。

The combination of ready money and a tight free float means SF Express is the most valuable stock on the Shenzhen Stock Exchange, which attracts “new economy” and tech stocks.

资金充足以及流通股紧张的双重影响，使得顺丰速运成了深交所（吸引着“新经济”和科技股）市值最高的股票。