PDA

View Full Version : Asia's richest woman lost more than half her fortune in China's property crunch


Sammyboy RSS Feed
28-07-2022, 07:50 PM
An honorable member of the Coffee Shop Has Just Posted the Following:

Yang Huiyan, Asia's wealthiest woman, has seen her wealth fall to $11 billion from nearly $24 billion this year as China's property crisis escalates, according to the Bloomberg Billionaires Index.

The 41-year-old controls Country Garden Holdings, China's largest real estate developer by sales.

Her stake was largely transferred from her father Yang Guoqiang, who founded the company in Foshan, Guangdong province, in 1992.

Country Garden's stock has lost more than half its value this...

Read more (https://www.sammyboy.com/threads/asias-richest-woman-lost-more-than-half-her-fortune-in-chinas-property-crunch.325753/)


Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/asias-richest-woman-lost-more-than-half-her-fortune-in-chinas-property-crunch.325753/).