Epidemic prevention stimulates the stock market to rise, Yang Huiyan once again won th

Yang Huiyan, co -chairman of Country Garden, has once again become the richest woman in China.

After the government said that it will relax some epidemic prevention regulations, the Chinese stock market has risen, and some of the largest stocks have soared this year.

According to Bloomberg, Country Garden has soared 35%in the Hong Kong market on Friday (November 11), and its property management subsidiary rose 21%.According to the Bloomberg Billionaire Index, Yang Huiyan's wealth thus reached $ 8.4 billion (Same as S $ 11.53 billion).Country Garden's stock price soared 76%this week, and Yang Huiyan's wealth increased by $ 2.5 billion.

It is reported that Yang Huiyan lost the most female title in China and Asia in July because the national real estate crisis impacted Chinese developers including Country Garden.Despite a sharp rebound this week, the industry is still struggling. Country Garden and its affiliated companies are still the largest Hang Seng Index stock stocks this year, both of which have fallen by more than 67%.

In addition, another real estate agent Longhu Group in China has also risen sharply this week, helping the founder Wu Yajun's wealth increase to $ 7.4 billion.When she stepped down as the chairman of the board of directors last month, the company's stocks and bonds suffered a severe frustration.

Due to the strict epidemic prevention policy dragging down the Chinese economy, China's stocks have suffered heavy losses this year.Traders have been looking for signs of relaxation of epidemic prevention restrictions.China has shortened the isolation time of entering passengers from 10 days to 8 days on Friday, reducing the testing requirements and canceling flights.The Hang Seng Index hit the largest single -day increase since March.

However, the super rich in China may still record the most bleak year in at least ten years.Among the Bloomberg Index's global 500 rich people, 72 people in China have been on the list. As of Thursday (10th), the general net worth is $ 770 billion.At the end of last year, 79 people in China were on the list, with total wealth 1.1 trillion US dollars.