{"id":131404,"date":"2022-11-08T15:38:03","date_gmt":"2022-11-08T08:38:03","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tencent-bytedance-alibaba-founders-see-fortunes-plunge-as-china-billionaire-list-loses-nearly-300-members\/"},"modified":"2022-11-09T17:07:11","modified_gmt":"2022-11-09T10:07:11","slug":"tencent-bytedance-alibaba-founders-see-fortunes-plunge-as-china-billionaire-list-loses-nearly-300-members","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tencent-bytedance-alibaba-founders-see-fortunes-plunge-as-china-billionaire-list-loses-nearly-300-members\/","title":{"rendered":"Tencent, ByteDance, Alibaba founders see fortunes plunge as China billionaire list loses nearly 300 members"},"content":{"rendered":"


\nA total of 293 billionaires drop off the Hurun China Rich List, as Tencent\u2019s Pony Ma, ByteDance\u2019s Zhang Yiming and Alibaba\u2019s Jack Ma see their fortunes plunge by as much as 32 per cent.
\n
\nSource : South China Morning Post
\nRead more…Tencent, ByteDance, Alibaba founders see fortunes plunge as China billionaire list loses nearly 300 members<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A total of 293 billionaires drop off the Hurun China Rich List, as Tencent\u2019s Pony...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-131404","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-ybq","jetpack-related-posts":[{"id":120680,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-singapores-office-rents-outprice-hong-kong-as-alibaba-bytedance-tencent-set-up-shop-in-rival-financial-hub\/","url_meta":{"origin":131404,"position":0},"title":"Can Singapore\u2019s office rents outprice Hong Kong as Alibaba, ByteDance, Tencent set up shop in rival financial hub?","date":"April 6, 2021","format":false,"excerpt":"\r Singapore\u2019s office rents have a long way to go before matching Hong Kong\u2019s, even after half a dozen of mainland China\u2019s largest technology behemoths piled into the city state in recent months to set up their regional hubs, analysts said.The average monthly rent for Singapore\u2019s grade A office space\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133526,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/alibaba-tencent-lay-offs-burst-property-bubbles-in-headquarters-cities-of-hangzhou-shenzhen-sending-prices-plunging\/","url_meta":{"origin":131404,"position":1},"title":"Alibaba, Tencent lay-offs burst property bubbles in headquarters cities of Hangzhou, Shenzhen, sending prices plunging","date":"January 2, 2023","format":false,"excerpt":"\r A wave of job cuts has sent the home market reeling in neighbourhoods where waves of tech professionals \u2013 flush with high salaries and housing perks \u2013 drove prices upwards in recent years.\r \r Source : South China Morning Post\r Read more...Alibaba, Tencent lay-offs burst property bubbles in headquarters\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121639,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-narrows-gap-with-hong-kong-in-terms-of-prime-office-rents-and-prices-as-chinese-tech-giants-expand-in-lion-city\/","url_meta":{"origin":131404,"position":2},"title":"Singapore narrows gap with Hong Kong in terms of prime office rents and prices, as Chinese tech giants expand in Lion City","date":"August 25, 2021","format":false,"excerpt":"\r Singapore\u2019s office property market is gradually catching up with that of Hong Kong, the Lion City\u2019s rival business hub, in terms of rents and prices, with Chinese technology giants such as Alibaba Group Holding, Tencent Holdings and ByteDance expanding in the city state.The gap peaked in 2017, when Hong\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":89979,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wanda-and-tencent-team-up-on-smart-retail-venture\/","url_meta":{"origin":131404,"position":3},"title":"Wanda and Tencent team up on \u2018smart retail\u2019 venture","date":"May 31, 2018","format":false,"excerpt":"\r Tencent Holdings, China\u2019s social media and games giant, has launched an internet technology joint venture with Wanda Commercial Management Group, the country\u2019s largest owner and operator of shopping centres, upping its ante in becoming a \u201csmart\u201d retailer, very much in line with Alibaba Group Holding\u2019s push to integrate its\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121380,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/alibaba-affiliate-ant-group-pays-us202-million-for-second-plot-of-land-in-its-hometown-of-hangzhou\/","url_meta":{"origin":131404,"position":4},"title":"Alibaba affiliate Ant Group pays US$202 million for second plot of land in its hometown of Hangzhou","date":"August 11, 2021","format":false,"excerpt":"\r Ant Group, controlled by Chinese billionaire Jack Ma, on Tuesday won a large commercial site in Hangzhou, its second in its hometown for 1.31 billion yuan (US$202 million), according to the city government records.The price of the land in Zhijiang National Tourist Resort Area, West Lake district, which can\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121971,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soho-china-shares-plunge-40-after-blackstone-deal-collapses\/","url_meta":{"origin":131404,"position":5},"title":"Soho China shares plunge 40% after Blackstone deal collapses","date":"September 13, 2021","format":false,"excerpt":"\r Failure to gain Beijing\u2019s approval turns spotlight on property group\u2019s colourful founders\r \r Source : ft.com\r Read more...Soho China shares plunge 40% after Blackstone deal collapses","rel":"","context":"In "Property 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