2024-09-06 02:00:03 +0300

Fortune of Jailed Chinese Billionaire’s Family Survives in Exile

Bloomberg

By Blake Schmidt

Xiao Jianhua was one of China’s wealthiest people when a group of men abducted him at the Four Seasons resort in Hong Kong and rolled him out in a wheelchair with a blanket over his head.

He was held in secret detention for five years in mainland China while regulators picked apart a financial empire that helped him build an estimated $6 billion fortune at its peak. Xiao emerged in public last month for the first time since 2017, only to be sentenced to 13 years in jail.

#wealthiestpeople #mainlandchina #detention #blanket #fortune

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Business / FinanceBy Alexandra Stevenson2024-08-19 13:22:24 +0300

Chinese Canadian Billionaire Sentenced to 13 Years for Financial Crimes

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Reuters. FILE PHOTO: People walk past the building with the listed address of Tomorrow Holdings' Beijing office, China, February 3, 2017. REUTERS/Thomas...

#reuters #hong #management #cash #realestate

Business / FinanceBy The Associated Press2024-08-19 13:12:44 +0300

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#money #police #business #tycoon #finance

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#business #money #police #tycoon #finance

Business / FinanceBy Reuters2024-08-19 10:00:35 +0300

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#management #tonymunroe #financialregulation #prison #yuanrenminbi

Business / FinanceBy Reuters2024-08-19 09:17:40 +0300

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#management #opinion #nasdaq #tonymunroe #prison

Markets2024-08-19 09:34:19 +0300

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#hungerstrike #president #apple #health #development

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#technology #pandemic #ceo #sean #organizationalresilience

Business / Finance Press Release2024-08-22 06:00:00 +0300

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#laws #business #education #jailterms #involuntarymanslaughter