Billionaire Xiao Jianhua, who was taken away from the Four Seasons Hotel in Hong Kong five years ago, has been sentenced to 13 years in prison by a ... ( read original story ...)
Chinese court sentences Canadian billionaire to 13 years in prison for financial crimes
The Shanghai First People’s Court on Friday sentenced Chinese-born Canadian billionaire Xiao Jianhua to 13 years in prison on various charges, including bribery, embezzlement and other financial ... ( read original story ...)
Shanghai court sends Chinese-Canadian tycoon Xiao Jianhua to jail for 13 years
Xiao is the founder of Beijing-based Tomorrow Group, and is one of China's richest people. He also had close connections with top people of the ruling Communist Party ... ( read original story ...)
Shanghai Plans to Turn Lingang Into Emerging Financial Center by 2025
Shanghai plans to transform Lingang Special Area, a special economic space in the eastern Chinese city’s free trade zone, into an emerging financial center by 2025. Lingang’s financial center will ... ( read original story ...)
China’s United Imaging debuts on Monday after biggest STAR Market IPO this year
Shanghai United Imaging Healthcare Co will start public trading next Monday, the company said, after raising roughly $1.6 billion in the biggest initial public offering (IPO) on Shanghai's ... ( read original story ...)
China Tourism Group prices Hong Kong IPO at HK$158, raising US$2.1 billion
The world’s largest travel retailer by sales prices Hong Kong IPO at HK$158 per share, helping it raise US$2.1 billion in what amounts to the city’s top deal this year. ( read original story ...)
China central bank, under pressure to ease, is hemmed-in by inflation, Fed jitters
Headquarters of the People's Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018. REUTERS/Jason Lee/File Photo ... ( read original story ...)