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Hong Kong's richest woman loses 50% wealth as stock crashes
short by Krishna Veera Vanamali / on Monday, 19 March, 2018
Kingston Financial Group Founder Pollyanna Chu has lost her title as Hong Kong's richest woman after she lost more than half of her wealth. Kingston's shares have tumbled 50% since January when securities regulator warned investors that 20 holders controlled more than 91% of the shares. She is now worth $5.36 billion after losing over $6 billion in the crash.
read more at Bloomberg