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Tag: stock market

Posted on 19/08/2022

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 ...)

Posted on 19/08/2022

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 ...)

Posted on 19/08/2022

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 ...)

Posted on 19/08/2022

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 ...)

Posted on 19/08/2022

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 ...)

Posted on 18/08/2022

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 ...)

Posted on 18/08/2022

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 ...)

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