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  • 2nd Richest Man in China Faces Permanent Ban from Stock Market - Here's Why Xu Jiayin, the chairman of Evergrande who once rode the Chinese real estate boom to become the second-richest person in Asia, has fallen from grace as Chinese securities authorities permanently banned him from entering the stock market. Evergrande once became China’s second-largest real estate developer, but in 2021, it began defaulting on offshore bonds. It […]

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