China’s Richest 2017: Real Estate Developer Hui Ka Yan Takes Top Spot For First Time

A year ago, property developer Hui Ka Yan was known for the high leverage of his listed real estate company, China Evergrande Group. The company’s debt is largely unchanged, but following an extraordinary rise in its stock price, Hui has notoriety of a different kind: He is the richest man in China and leads a 26% overall rise in the mainland’s top 400 fortunes this year. …

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