CHINA TOPIX

04/28/2024 07:12:39 pm

Make CT Your Homepage

businessman Li Hejun

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.

Real Time Analytics