On October 20, 2008 Hurun Property Rich List was issued. The list showed that although the wealth the property riches in China suffered great shrink, their average wealth still exceeded 8.7 billion Yuan (USD 1.24 billion). Yang Huiyan, the largest shareholder of Country Garden became the richest property dealer in China with the wealth of 27.5 billion Yuan (USD 3.93 billion). She was also ranked No.3 in the 2008 Hurun Rich List.

This was the second time that 27-year-old Yang became the richest property dealer in China. Compared with the 130 billion Yuan (USD 18.57 billion), she lost 102.5 billion Yuan (USD 14.64 billion), which was the largest of all the property riches. The global financial crisis and the credit crunch in China resulted in the serious shrink of the Chinese property riches this year.

On day after the issuance of the list, Country Garden declared that Yang Huiyan increased her shareholding of the company. The total amount is 100 million Yuan (USD 14.29 million). This was the third time that Yang increased her shareholding of Country Garden since this April. After being depressed for quite a long time, the Chinese property industry welcomed a favorable macro adjustment by government. Yang’s increase in shareholding showed the large shareholders’ confidence in the outlook of the company and market.