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China’s Richest Woman Wu Yajun Gets Divorce, Fortune Split

Longfor Properties Co. Chairwoman Wu Yajun is no longer China’s richest woman after divorcing Cai Kui and transferring about 40 percent of the developer’s shares the couple used to own to her ex-husband.

Her stake in Longfor, which Wu co-founded with Cai, dropped to 43 percent from a combined 72 percent, while Cai retains 29 percent, according to filings from Hong Kong’s stock exchange.