Yu Yong (Chinese: 于泳; born 1961) is a Chinese billionaire businessman. He is the founder and head of the Cathay Fortune Corp., also known as Hongshang Industrial Holdings Group which is an investor in the mining company China Molybdenum. Cathay Fortune's operations are based out of Shanghai. On the Forbes 2016 list of the world's billionaires, he was ranked #688 with a net worth of US$2.5 billion. Yu Yong acquired a 1.69% stake in Contemporary Amperex Technology via a pre-IPO sale before it went public in 2018.
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