Business
China takes over companies linked to disappeared billionaire – Sydney Morning Herald
Xiao Jianhua, a Chinese-born Canadian and a student leader during the 1989 protests, was taken from his room at the Four Seasons in Hong Kong in 2017.
Among the companies being taken over include Huaxia Life, Tianan Life Insurance, Tianan Property Insurance, New Times Trust, Yi’An Property Insurance, and New China Trust, the China Banking and Insurance Regulatory Commission said in a statement on its website.
Chinese-born Canadian citizen Xiao Jianhua was reportedly abducted by Chinese police from the Hong Kong Four Seasons Hotel and spirited across the border. Credit:South China Morning Post
All nine are linked to Tomorrow Group, the invest…
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