Li Jiaxing's Bold Move

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By Olivia Martinez • Updated Oct 15, 2026 at 07:40

{Li Jiaxing's Bold Move|Li Jiaxing's Strategic Investment|Li Jiaxing's 31.4 Billion Deal|China Long's Oil Acquisition|Cenovus Energy's Major Acquisition} — Li Jiaxing's Bold Move

Li Jiaxing secured a major acquisition with a 31.4 billion deal. Cenovus Energy, a subsidiary of China Long acquired Athabasca Oil, a prominent Canadian oil firm. The deal demonstrates Li Jiaxing's sustained business prowess and China Long's deliberate oil purchases. The trend illustrates Li Jiaxing's capacity for significant transactions and China Long's development within the oil market.

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