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French tycoon gains $17 billion from China’s economic stimulus push | CNN Business

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Juliana Liu
Juliana Liu
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Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how it impacts the world.

Hong Kong CNN  — 

The billionaire owner of French luxury powerhouse LVMH has seen his wealth inflate by $17 billion dollars in just one day, after China announced fresh moves to restore economic growth that some call the long-awaited “bazookas” needed to revive confidence.

Bernard Arnault isn’t the only winner. China and Hong Kong stocks are on track to log their best

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