Billionaire Divorces Spur Crackdown by China’s Market Regulator
09/14/2023 10:20
A rising number of divorces among China’s wealthy tycoons is stoking investor concerns about the market impact of big stake sales and spurring a crackdown by the nation’s securities regulator.
A rising number of divorces among China’s wealthy tycoons is stoking investor concerns about the market impact of big stake sales and spurring a crackdown by the nation’s securities regulator.
At least eight major holders of the country’s listed companies split shares worth $3.9 billion so far this year after ending their marriages, according to data compiled by Bloomberg.
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Billionaire Divorces Spur Crackdown by China’s Market Regulator