http://rgsystems.gr/?fat=sites/tonyspaeth/ en-us https://specials-images.forbesimg.comhttps://www.forbes.com/imageserve/655438febd9d62e3d0f17efb/400x0.jpg?cropX1=0&cropX2=956&cropY1=15&cropY2=970 http://rgsystems.gr/?fat=sites/tonyspaeth/ Tony Spaeth's stories. Copyright 2024 Forbes Media LLC http://rgsystems.gr/?fat=sites/tonyspaeth/2024/02/21/hong-kong-property-tycoons-weather-worst-slump-in-two-decades-with-little-relief-in-sight/ Lessons learned in the 1997-2004 slump helped some weather the storm while others were buffered by investments in luxury malls and non-property assets. Anthony Spaeth, Forbes Staff Anthony Spaeth, Forbes Staff http://rgsystems.gr/?fat=sites/tonyspaeth/ content_65d5ee8937d0333d3ba55310 Wed, 21 Feb 2024 16:12:15 -0500 2024-02-22T03:08:40-05:00 Lessons learned in the 1997-2004 slump helped some weather the storm while others were buffered by investments in luxury malls and non-property assets. Hero Image Getty Images Asia /asia Asia /asia Business /business Forbes Magazine /forbes-magazine Forbes Asia /forbesasia Editors' Pick editors-pick No Paywall no-paywall hongkong-billionaires premium http://rgsystems.gr/?fat=sites/tonyspaeth/2024/02/21/sagging-sales-drag-down-wealth-of-sofa-billionaire/ Man Wah Holdings founder and chairman Wong Man Li saw his wealth plummet by a third to $2 billion as sales at the Hong Kong-listed sofa and bedding maker sagged at home and overseas. Anthony Spaeth, Forbes Staff Anthony Spaeth, Forbes Staff http://rgsystems.gr/?fat=sites/tonyspaeth/ content_65d31718792c4424113d8655 Wed, 21 Feb 2024 16:11:50 -0500 2024-02-22T03:08:38-05:00 Man Wah Holdings founder and chairman Wong Man Li saw his wealth plummet by a third to $2 billion as sales at the Hong Kong-listed sofa and bedding maker sagged at home and overseas. Man Wah Holdings Asia /asia Asia /asia Billionaires /worlds-billionaires Business /business Forbes Magazine /forbes-magazine Forbes Asia /forbesasia Editors' Pick editors-pick No Paywall no-paywall hongkong-billionaires premium