Wealth and Asset Management
Hong Kong’s Property Tycoons Drop $2.3 Billion in Wealth
The six richest property developers in Hong Kong lost a combined $2.3 billion in net worth today as shares in their companies dived after the government imposed a property tax on overseas buyers. The wealthiest man in Asia, Li Ka-shing, saw his net worth decline $417 million to $26.6 billion…
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Click here to read the full story: Business Week