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Former teenage soldier hatches millions from Chinese egg futures

His huge, quick earnings highlight vulnerability of China's nascent futures markets to a destabilising rout

Published Sun, Aug 2, 2015 · 09:50 PM
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Shanghai

A DECADE ago, Zhang Xiongjie was a teenage infantryman patrolling China's bleak border with North Korea.

Now he stays in swanky hotels and drives a Mercedes Benz CLS - a remarkable rags-to-riches journey achieved in part by dominating one of the most obscure corners of China's unruly financial markets: egg futures.

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