DBS, Citi, MUFG, and HSBC take home accolades in The Asset Triple A Sustainable Capital Markets Awards 2023 as announced in an Oscar-style awards ceremony held last night (March 14) at the Four Seasons Hotel in Hong Kong.
In the most glaring lesson yet to the country's upstart nouveau-riche oligarchs, a Chinese court has sentenced Xiao Jianhua, the billionaire founder of Tomorrow Group known for managing assets for descendants of prominent Chinese leaders, to 13.
Chinese-born Canadian billionaire Xiao Jianhua was sentenced to 13 years in prison by a Shanghai court on Friday for bribery, embezzlement and other financial crimes.His Tomorrow Holding investment group, which had close ties to Communist Party .
Shanghai, China, Aug 19 (EFE).- A court sentenced a Chinese-Canadian businessman to 13 years in prison on Friday, almost five years after he went missing mysteriously from a Hong Kong hotel. The state-run China Global Television Network (CGTN) reported that the court in Shanghai found Xiao Jianhua, 50, and his embattled firm, Tomorrow Holding, guilty …