China’s Internet Tycoons Suffer $13.6 Billion Wealth Drop As Regulatory Crackdown Triggers Market Sell-Off

China’s internet tycoons suffered the biggest losses on the list of the world’s richest people on Monday, as spooked investors continued to dump stocks targeted in Beijing’s widening regulatory crackdown.

Source: https://www.forbes.com/sites/ywang/2021/07/27/chinas-internet-tycoons-suffer-136-billion-wealth-drop-as-regulatory-crackdown-triggers-market-sell-off/

Join the Discussion

  • BrokerEUR/USD
    FX Pro 0.91pips. (variable) margin: 3.33%
    InterTrader 0.6pips (fixed) margin: 3.33%
  • Back to top