China’s richest man Li Hejun lost $15 billion in just one hour yesterday when the stock for this solar panel firm Hanergy plummeted 47 percent in Hong Kong trading. Li overtook Jack Ma of Alibaba as China’s richest man in March when the stock for his company was estimated at $45 billion. He has so far not explained the astonishing crash. Hanergy’s shares had surged by 625 percent over the past year.
(620 VIEWS)
Four of the world’s largest banks are all in China. Assets of the Industrial and…
Zimbabwe is one of the 27 countries in the world where the richest 0.1% of…
Zimbabwe has been ranked third among the least free countries in Southern Africa but it…
I had always considered it a curse for a wife to die before her husband.…
This is a true story about the challenges and loneliness I faced when my wife…
My first long-form article in booklet form: Why I had a girlfriend two months after…