China’s Top Property Tycoons See Fortunes Drop $30 Billion With Even More Losses Expected
- Tuesday, January 25, 2022, 7:16
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The wealth wipeout felt by the likes of Hui Ka Yan, Yang Huiyan and Sun Hongbin is indicative that the heydays of double-digit growth in sales and profits for Chinese real estate are over–and more losses will almost certainly follow.
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