China Health-Care Tycoons Lose $17 Billion

China's anti-corruption crackdown in the healthcare sector has led to a significant decrease in the personal wealth of the top 15 Chinese healthcare billionaires, with their combined fortunes falling from $101.4 billion to $84.1 billion. The crackdown has resulted in investigations into hospital chiefs and pharmaceutical executives, causing a sector-wide share slump. The focus on healthcare follows similar campaigns in the real estate and education sectors, raising concerns about lower budgets for healthcare companies and potential impacts on profitability.