Li Hejun: $15B Lost In One Hour, Worst Business Trip Ever

Li Hejun: $15B Lost In One Hour, Worst Business Trip Ever - So we can all concur that UBS has had a really shitty couple of days, yes? Path shittier than, say, a Chinese tycoon may have anticipated that when he went would a clean-vitality tradition rather than his organization's yearly meeting, on the grounds that nothing astounding could perhaps happen, correct? Off-base.

On the day Li Hejun lost generally US$14 billion, he was skirting his organization's yearly meeting to go to what it said was a clean-vitality display in Beijing.

That organization, Hanergy Thin Film Power Group Ltd., which Mr. Li controls, saw its shares dive almost 50% preceding exchanging was stopped. Mr. Li, who at one time was viewed as China's wealthiest man in view of the estimation of his larger part stake in the Chinese sun powered organization, saw his property endure likewise.
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