CHINA TOPIX

11/02/2024 03:42:31 pm

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Solar Magnate, Li Hejun

China's Richest Man Loses $15 Billion In Seconds; Market Manipulation Involved?

Li Hejun, the chairman of the solar panel firm Hanergy Thin Film Power, was China’s richest man. In just mere seconds, that quickly changed after he lost $15 billion when his company’s shares crashed by 47 percent in Hong Kong trading Wednesday.

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