Search results
How the Daughter of Poor Vietnamese Refugees Became the Wife of a Billionaire. See Their Kids Today!Discover the heartwarming and inspiring love story of Mar...
- 10 min
- 78K
- The Ultimate Treks
Jul 21, 2024 · Xiao Jianhua, left, now serving a 13-year sentence, with Jack Ma, center, at a party about a decade ago. ... Huang and his wife, Zhao Wei, paid about $400 million to acquire a 9 percent stake. But ...
Jul 21, 2024 · Huang Youlong shows up several times in a video documenting Alibaba’s September 2014 I.P.O.. Credit: Alibaba Group via YouTube. The man was Huang Youlong, a businessman married to one of China’s most famous actresses. He was also Mr. Xiao’s ticket to even bigger stakes in Mr. Ma’s companies, The Times and The Wire China found.
Jul 21, 2024 · Mr. Xiao, who is in prison in Shanghai, could not be reached for comment. The former senior executive at Tomorrow Group confirmed that the company was behind the investments. “At the time ...
- Where Did Xiao’s Money Go?
- ‘National Significance’
- The Chateau
- Calls For A Beneficial Ownership Registry
As early as 2008, Xiao’s family was setting up a financial foothold in Canada. Xiao’s brother-in-law, Fan Yanfeng, established the China Resource Allocation Corp., which listed his director’s address at a condo in southern Ontario’s winery region, Niagara-on-the-Lake. But it wasn’t until 2015 that Xiao’s family began snapping up development sites a...
Financial crime experts and political observers say the case raises questions about how Winnermax was able to secure its funding in Canada as China imposes a capital export limit of US$50,000 per year on every citizen. If the transfers don’t follow legal and transparent methods, it raises questions about money laundering. Matt McGuire, a Toronto-ba...
The investments didn’t only go into commercial real estate. The key directors of these companies also bought properties in the GTA’s most exclusive postal codes. The group even has real estate in British Columbia, with one HZC Capital director listing his address at a $1.6-million home in Coquitlam, a suburb of Vancouver. Unexus director Fan and hi...
With many of the properties tied to Xiao’s family members purchased using numbered or holding companies, financial crime experts say this case highlights the urgent need for a national beneficial ownership registry, a publicly searchable database that would store details about who actually owns and controls private companies. McGuire said Canada’s ...
Jul 21, 2024 · One of the documents in the leak was a white glove agreement between Huang Youlong and a company controlled by Xiao Jianhua. The right side is a translation of the original document. In 2017, Xiao, who holds passports from Canada and Antigua and Barbuda, was abducted from the Four Seasons Hotel in Hong Kong and brought into police custody in mainland China.
People also ask
Who is Mr Huang's wife?
Who is Huang Youlong?
Who is Xiao Jianhua?
Who are Xiao Jianhua and Jack Ma?
What happened to Xiao Jianhua?
Who is Mr Huang & what did he do for a living?
Aug 19, 2022 · The trial of Xiao Jianhua, seen here in a file picture, was said to have begun on 4 July. A Chinese-Canadian billionaire has been sentenced to 13 years in prison in China and his company fined ...
