XIAO JIANHUA was not alone among mainland China’s mega-rich in his fondness for the Four Seasons hotel in Hong Kong’s financial district. It describes itself as “perfect for the business elite”, among whom Mr Xiao certainly ranks. Hurun Report, a rich-list compiler, named him last year as China’s 32nd wealthiest man, with a fortune of $6bn. He is reported to have made the hotel his home, on and off, since 2014. Yet the “luxurious and stylish sanctuary” of its suites, and Mr Xiao’s team of female bodyguards, may not have proved enough to protect him. He has now disappeared—snatched, very possibly, by mainland China’s security agents. The mystery has compounded worries in Hong Kong about the reach of China’s heavy-handed police.
Hong Kong’s own police, who supposedly enjoy independence from China’s, say they were told on January 28th that the mainland-born businessman had vanished. They say records show that Mr Xiao (pictured) crossed the border the previous day. On a social-media account operated by his company, Tomorrow Group, Mr Xiao said he was receiving medical treatment abroad and...Continue reading
Source: China http://ift.tt/2jHC0iR
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