The chairman of solar panel firm Hanergy lost $15 billion on Wednesday when shares in the company plummeted 47% in Hong Kong trading — in about an hour. The company saw $18.6 billion wiped off its market value.
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More than 6,000 employees of Tiens Group — a Chinese conglomerate — were given the VIP treatment on an all expenses paid trip to France to celebrate the company’s 20th birthday.