Extremely Wealthy
China’s tech tycoons lose $87bn of wealth after Beijing crackdown
Beijing’s regulatory assault on China’s technology industry has lopped $87bn off the net worth of the sector’s wealthiest tycoons since the start of July, hitting the fortunes of magnates such as Tencent’s Pony Ma and Pinduoduo’s Colin Huang. The combined net worth of the two dozen Chinese billionaires in tech…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Financial Times