Hong Kong police have confirmed they are
investigating the disappearance of Xiao Jianhua, a
Chinese billionaire with Canadian citizenship who
was reported missing Friday after he was seized
from his apartment at the Four Seasons hotel in
Hong Kong and taken to mainland China.
Chinese Police in a statement says, 'we are still
investigating and have reached out to the
mainland authorities concerned'.
Xiao is one of China's richest men and controls
the Tomorrow Group, a massive holding company
with stakes in banks, insurers and property
developers. According to Hurun, which analyzes
Chinese wealth, Xiao is 46 and has a net worth of
$6 billion.
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