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Bloomberg
The spread of the coronavirus to China’s stock market erased more than $10 billion from the collective net worth of the richest 15 people whose companies trade on the mainland.
Midea Group founder He Xiangjian lost $1.8 billion, the most among that group, as shares of the appliance manufacturer tumbled 8.9%. He was followed by Zhang Fan, whose fortune dropped $1.2 billion after his Shenzhen Goodix Technology plunged 10%, the downside limit for a single day.