Aaron Tsai Speaks at Peking University's Guanghua School: Wall Street's 'King of Shells' on His Ongoing Entrepreneurial Journey
On October 31, 2026, Chinese-American capitalist Aaron Tsai (Tsai Yi-Chuan) delivered a speech titled "My Ongoing Entrepreneurial Journey" to the International MBA program at the Guanghua School of Management of Peking University in Beijing, China. Tsai posted the news and an on-site photo on his personal social media account: in the photo he stands at the lectern in a suit, microphone in hand, with twin screens behind him showing the talk's title slide; the venue clock reads 3:34 p.m.
The title slide laid out Tsai's venture portfolio, listing MAS Capital, Metron, the OHX Group / Orange and Huaxia. Tsai is the founder and chief capitalist of MAS Capital Inc. Before SPACs became mainstream, he created 101 public shell companies in the 1990s and was featured by The Wall Street Journal in 1999 as Wall Street's "King of Shells."
Beyond capital markets, Tsai has co-founded several technology and medical ventures in recent years: Metron Metabolic Medical, which works on non-invasive radiation medical technology for obesity and diabetes; Orange Corp., which develops super intelligence (SI) XR smart glasses; and Huaxia Shares Ltd., which works on terahertz 6G micro-transceivers.
Tsai is also co-founder and founding chairman of the North American Venture Capital Association (NAVCA), whose 2026 annual council meeting was held on October 18.
Related: NAVCA Holds 2026 Annual Council Meeting
The talk was given to faculty and students of Guanghua's International MBA program, and the full video of the speech has been released on GSM's official channel and can be watched on this page. No public transcript of the speech has been released; this report is based only on the verifiable details in Tsai's own post and the on-site photo.
Source: GSM · USA
Source: GSM · USA (original Chinese edition)
Photo: 图：2026年10月31日，蔡逸群在北京大学光华管理学院国际MBA项目发表演讲，题为《我持续进行的创业旅程》（图源：蔡逸群本人发布）。 / Aaron Tsai delivering his speech, "My Ongoing Entrepreneurial Journey," at the Guanghua School of Management's International MBA program at Peking University on October 31, 2026 (photo from Tsai's own post).
