He helped established the China Minsheng Bank, and in 2011 he owned 7 per cent of that bank's shares.
In 2011, Liu was vice-chairman of China Minsheng Bank and chairman of the New Hope Group. That year, the 2010 Forbes list of the 400 Chinese ranked him at Number 21, with his wealth estimated at $3 billion.
In 2011, he told the Financial Times that he was focused on creating agricultural co-operatives to help peasant farmers industrialize their plots, and his company had set up 100 of them, and also set up underwriting companies to help peasant farmers get loans.
