From left: Jack Ma, William Ding Lei, Robin Li, Lei Jun and Pony Ma.

From Jack Ma to Pony Ma, China’s richest have lost billions of dollars as coronavirus weighs on stocks

  • Seven of China’s 10 wealthiest people have lost a combined US$28 billion since mid-February based on the sharp decline in their companies’ share prices
  • Emerging markets stocks and bonds have seen more than US$55 billion in outflows since late January, according to the Institute of International Finance
Topic |   Coronavirus outbreak

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From left: Jack Ma, William Ding Lei, Robin Li, Lei Jun and Pony Ma.
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