Residential buildings under construction in Shanghai, China, on Wednesday. - Bloomberg
BEIJING, July 28 (AFP): Asia's wealthiest woman lost more than half her fortune over the past year as China's real estate sector was rocked by a cash crunch, a billionaire index showed Thursday.
Yang Huiyan, a majority shareholder in Chinese property giant Country Garden, saw her net worth plunge by more than 52% to US$11.3bil from US$23.7bil a year ago, according to the Bloomberg Billionaires Index.
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