Entertainment

Chinese Real Estate Tycoons Gain Almost $4 Billion After Beijing Surprises Market With Sweeping Support

T wo of China’s richest female real estate tycoons—billionaires Wu Yajun and Yang Huiyan —saw their net worth gain a combined $3.6 billion in just a few hours, after the country’s regulators took a surprising turn and unveiled a comprehensive package of measures aimed at supporting the ailing property industry. To ensure the “stable and…

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