Wu Yajun, chairwoman of Longfor Properties Co Ltd, has lost the China's richest woman title after divorcing and transferring about 30 percent of her shares.
The old Chinese saying, "No hero can resist the beauty of a woman," remains relevant today, as the love affairs of China's business tycoons are not only making tabloid headlines but may also be affecting stock markets.
Reports about a married billionaire who is chucking it all in to be with his mistress have dominated the headlines.