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China Trading Tycoon Loses $1.7 Billion in One Day After Curbs

Bloomberg Markets · May 25, 2026, 7:14 AM · Also reported by 4 other sources

A Chinese online brokerage tycoon lost more than a quarter of his fortune in a single day after Beijing cracked down on cross-border stock trading to tighten control over capital outflows.

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China Trading Tycoon Loses $1.7 Billion in One Day After Curbs

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