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Musk adds $25b in one day

From Pony Ma to Jack Ma, the rich win big with Hong Kong stocks

From Pony Ma to Jack Ma, the rich win big with Hong Kong stocks File photo. Ma Huateng, also known as Pony Ma’s $18.6 billion wealth surge this month is the biggest after Elon Musk’s.Premium 2 min read . Updated: 26 Jan 2021, 08:43 AM IST Bloomberg While Hong Kong’s economy got badly hit from the coronavirus crisis and a political crackdown, money has kept flowing to the city Tencent and Alibaba Group Holding Ltd., along with food-delivery giant Meituan and carmaker Geely Automobile Holdings Ltd., were among the stocks helping propel the rally Share Via Read Full Story Pony Ma got $6.9 billion richer on Monday after one of the companies his Tencent Holdings Ltd. backs revealed its IPO plans, while Jack Ma’s public reappearance Wednesday added $1.6 billion to his net worth.

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