The Business Times
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Chinese tycoons lose US$34b as China stock market slumps

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Published Fri, Jul 3, 2015 · 09:50 PM

    Hong Kong

    THE worst monthly slump in Chinese stocks in two years wiped away more than US$34 billion in combined net worth of the richest people in China and Hong Kong in June.

    Of those 45 wealthy people on the Bloomberg Billionaires Index, more than 80 per cent lost money in June as the Shanghai Composite Index tumbled.

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