Chinese tech billionaire and Meituan’s CEO Wang Xing’s net worth suffered a $2.5 billion (over ₹18,365 crore) drop after he shared verses from a 1,100-year-old Chinese poem on social media. The poem talks about the misguided attempts of China’s first emperor to quash dissent. Many assumed Xing was criticising the government, leading to Meituan losing $26 billion in market value.
