Hong Kong's richest woman loses 50% wealth as stock crashes
Kingston Financial Group Founder Pollyanna Chu has lost her title as Hong Kong's richest woman after she lost more than half of her wealth. Kingston's shares have tumbled 50% since January when securities regulator warned investors that 20 holders controlled more than 91% of the shares. She is now worth $5.36 billion after losing over $6 billion in the crash.