Go to any restaurant, and chances are the servers have donned gloves and are dispensing hand sanitiser at the entrance. Both products could have been made by Intco Medical Technology, a China-based company that manufactures personal protective equipment such as gloves, masks, face shields and hand sanitiser.
Mr Liu Fangyi is the firm’s chairman. While a student at the University of California, Irvine, in the 1990s, he started a disposable gloves business before returning to China to establish Intco.
His net worth spiked to an estimated US$4.2 billion in March, according to Forbes.