Thursday, 21 May 2015
Chinese Stock Bubble: 2 Chinese Billionaires Half of Net Worth Wiped Out In Seconds
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Li Hejun began the day as either China’s second-richest man according to Forbes, or richest, according to the Hurun Report (China's version of the Forbes rich list) and Le Figaro, with a fortune worth more than $30 billion. By 11am, his net worth was amazingly cut by half, and he was almost $14 billion "poorer" as shares in Li’s flagship Hanergy Thin Film plunged by 47% in Hong Kong before
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