Death of China's tycoon Xie Zhikun triggers selling in firms he controlled

Death of China's tycoon Xie Zhikun triggers selling in firms he controlled

Shanghai, China. Photo from Pixabay.

Shares of Chinese companies controlled by Zhongzhi Enterprise Group founder Xie Zhikun plunged on Monday, after the surprise death of the rags-to-riches tycoon triggered fears of disorder in a business empire spanning mining to asset management.