![Longfor Billionaire Wu Quits as Chair, Shocking Investors](http://schellcousa.com/wp-content/uploads/2022/11/565-longfor-billionaire-wu-quits-as-chair-shocking-investors.jpg)
Chinese developer Longfor Group Holdings Ltd. plummeted the most on record after billionaire chairman Wu Yajun stepped down, leaving the company without its longtime leader during a deepening nationwide property crisis. Loretta Chen reports on Bloomberg Television.
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