May 20th was a very bad day for Li Hejun.
Most of us would be dismayed at losing $14 in thirty minutes, much less $14 billion. One of China’s richest men recently did just that, losing $14 billion due to a stock collapse.
Unless you have been keeping up on foreign solar energy stocks or the Hong Kong stock market, you have probably never heard of Li Hejun or Hanergy Thin Film Power Group Ltd.
Li Hejun, Chairman and CEO of Hanergy Holding Group Limited, attends a press conference at the headquarters of Hanergy Holding Group in Beijing, China, June 17, 2015. |