Business

Asia Has New Richest Woman as Property Crisis Reshapes Fortunes

[ad_1]

Her fortune has more than halved this year to $11 billion, with the decline accelerating this week when her Country Garden, China’s largest property developer, said it needed to raise equity at a discount, causing the stock to plunge to its lowest since 2016. Yang, now in her early forties, owns about 60% of Country Garden and a 43% stake in its management-services unit.



[ad_2]

Source link

What is your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like

Comments are closed.

More in:Business