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Posts published by “Venus Feng Bloomberg”

With Chinese real estate in crisis, market waits for property tycoon Yang Huiyan to dip into her $5 billion fortune to prop up Country Garden

Country Garden Holdings Co. bondholders are setting their sights on the company’s billionaire Chair Yang Huiyan to see if she will use her vast personal fortune to support the struggling Chinese property firm. Yang, who the Bloomberg Billionaires Index estimates has a net worth of more than $5 billion, will get about $28 million in