2 members of Hong Kong's richest family have lost $1 billion each since the protests started. Here's why the protests are costing the Kwoks more than the city's other billionaires.

Singapore News News

2 members of Hong Kong's richest family have lost $1 billion each since the protests started. Here's why the protests are costing the Kwoks more than the city's other billionaires.
Singapore Latest News,Singapore Headlines
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Raymond Kwok and Thomas Kwok have both seen their individual net worths drop over $1 billion since July 21.

reported. The ads feature the Chinese word for"violence" covered in a general prohibition sign , with"stop anger and violence in the name of love," written below. Li alone has lost $3 billion since July, according to theBillionaire real-estate developer Peter Woo wrote,"It's time to think deeply," in the Hong Kong Economic Journal on August 12, according to."Going against the extradition bill was the 'big tree' of this movement.

reported. Chearavanont is a major investor in two firms that are listed on Hong Kong's stock exchange — insurer Ping An Insurance Group and holding company CP Pokphand.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessInsider /  🏆 729. in US

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Previously Asking $1 Billion, Los Angeles’ Largest Parcel Sells For $100,000 After Dramatic Last-Minute TwistPreviously Asking $1 Billion, Los Angeles’ Largest Parcel Sells For $100,000 After Dramatic Last-Minute TwistAfter asking $1 billion and a fair bit of legal wrangling, the largest parcel for sale in L.A. sells for $100,000.
Read more »

Aretha Franklin Reportedly Died with Nearly $1 Million in Uncashed Checks | lovebscott.comAretha Franklin Reportedly Died with Nearly $1 Million in Uncashed Checks | lovebscott.comAretha Franklin had nearly $1 million in uncashed checks at the time of her death a year ago. via NYDN: According to newly filed court documents, the checks were discovered when the late, great singer’s possessions were inventoried. According to Billboard, there was one check made out to Franklin’s publishing company for just under $286,000, and
Read more »

WeWork reportedly gave 94% of stock awards worth $1 million or more to men, according to an internal studyWeWork reportedly gave 94% of stock awards worth $1 million or more to men, according to an internal studyThe compensation executive who put together the study said it was ignored and she was later put on leave, according to a report in The Information.
Read more »

When Will The Hong Kong Protests End?When Will The Hong Kong Protests End?Some signs to look for that the protests in Hong Kong are coming to an end.
Read more »

Here's a breakdown of how social platforms are combating disinformation surrounding the Hong Kong protestsHere's a breakdown of how social platforms are combating disinformation surrounding the Hong Kong protestsThe Chinese government utilized Facebook, Twitter, and YouTube to spread disinformation around the root cause of the Hong Kong demonstrations.
Read more »

Water Cannons and a Gun Shot: Hong Kong Protest Violence IntensifiesWater Cannons and a Gun Shot: Hong Kong Protest Violence IntensifiesHong Kong police deployed water cannons for the first time Sunday in a show of force as pro-democracy protests turned violent following nearly two weeks of relative calm.
Read more »



Render Time: 2025-03-30 14:29:30