Five years after being grabbed from a Hong Kong hotel, Xiao Jianhua, who came to symbolize China’s corporate excess, also faces a hefty fine, as does his company. ( read original story ...)
Disappeared Chinese-Canadian tycoon Xiao Jianhua jailed 13 years for financial crimes
SHANGHAI: A Chinese-Canadian tycoon who disappeared from a Hong Kong hotel five years ago has been sentenced to 13 years in prison and his company fined US$8 billion for embezzlement and bribery, a ... ( read original story ...)
Shanghai court jails tycoon Xiao Jianhua for 13 years
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 ...)