George Wang’s stock market dream

Chinese born multimillionaire George Wang hopes to build a bridge between Australian and Chinese investors with his Australia Pacific Stock Exchange.

In 1988 George Wang, “wanting to go somewhere for more freedom,” was contemplating whether to study English in Australia or Canada. Wang, who grew up on Hainan, often referred to China’s Hawaii, decided to ditch Canada in favour of Australia because, he says, “Australia and Hainan are similar”. Both are “islands surrounded by water,” says Wang. But perhaps more importantly for a man who even then harboured business ambitions, “Australia is in China’s time zone,” he says.

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