Posted inHong Kong

Stocks linked to ‘abducted’ Chinese billionaire Xiao Jianhua plunge in Shanghai

Stocks linked to missing Chinese billionaire Xiao Jianhua tumbled Friday as investors ignored a statement saying business at his vast empire was “normal” following reports of his abduction by security agents. Shanghai-listed companies controlled by Xiao’s Tomorrow Holding dropped by their daily limit on the first trading day after a week-long Chinese new year holiday. […]

Posted inHong Kong

Missing Chinese billionaire Xiao Jianhua’s company says it’s business as usual

Missing Chinese billionaire Xiao Jianhua’s company said Thursday all was “normal” in his business empire but did not address reports that he was whisked to China for investigations into 2015 stock market turmoil. Xiao went missing last week from Hong Kong and overseas Chinese-language media reports said he had been abducted by mainland security agents. […]

Posted inHong Kong

Wife of ‘abducted’ billionaire Xiao Jianhua reportedly flees to Japan as police deny involvement in disappearance

Reports have emerged that the wife of Chinese-Canadian billionaire Xiao Jianhua – reportedly abducted from Hong Kong to mainland China – has fled to Japan. The Hong Kong police have also denied any involvement in his “abduction”. Initium Media, citing a source familiar with Xiao, reported on Wednesday that his wife, Zhou Hongwen, fled to […]

Posted inHong Kong

How ‘abducted’ Chinese tycoon Xiao Jianhua rose from rags to riches

Chinese billionaire Xiao Jianhua’s reported abduction from Hong Kong by mainland security agents has shone a spotlight on the business dealings and political connections of the financier some local media have dubbed China’s J.P. Morgan. Xiao went from a poor family to become one of China’s richest men, founding the Beijing-based Tomorrow Group which describes […]

Posted inHong Kong

Interview: Ex-head of legislature Jasper Tsang says the gov’t is weakest player of four in Hong Kong’s struggle

Jasper Tsang is a veteran politician of the pro-Beijing camp who managed to impress both sides as a notably impartial president of the legislature between 2008 to 2016. In a wide-ranging interview last month, he shared with French academic Jean-Philippe Béja his thoughts on the continuing crisis in Hong Kong, why he supported the extradition […]

Posted inHong Kong

 ‘It would become like Xinjiang’: Surveillance-savvy Hong Kong protesters go digitally dark

by Elaine Yu Hong Kong’s tech-savvy protesters are going digitally dark as they try to avoid surveillance and potential future prosecutions, disabling location tracking on their phones, buying train tickets with cash and purging their social media conversations. Police used rubber bullets and tear gas to break up crowds opposed to a China extradition law on Wednesday, […]