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Chinese Tycoons Claw Back $71 Billion From Market Rebound

by Venus Feng
March 17, 2022
in Business
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Tencent Holdings Ltd.’s Pony Ma, William Ding of NetEase Inc. and Colin Huang, the founding father of Pinduoduo Inc., had been among the many world’s largest gainers, including greater than $5 billion every, in accordance with the Bloomberg Billionaires Index. The positive aspects got here as Chinese language shares buying and selling in Hong Kong staged their greatest rebounds since 2008 on Wednesday after the nation’s high monetary coverage physique pledged to stabilize a market that had gone into free fall. 



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