October 28, 2020

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The Chinese calculator that wants to make Playboy “hot” again

The Chinese calculator that wants to make Playboy "hot" again

For years the Playboy languished at the kiosk. The nude magazine had only been online since March. However, Chinese investor Suying Liu, who was trained in the American world of mergers and acquisitions, sees a huge market for Playboys sex toys. Investors follow his idea a million times over.

Suying Liu, 31, raised $ 50 million from investors with his Mountain Crest Fund, founded in 2019, in June after selling 5 million shares.

Liu, also a strategist at the Chinese fund Hudson …