JD.com’s Richard Liu Lintao Zhang/Getty Images Richard Liu, the billionaire who founded e-commerce giant JD.com, gave up all his shares in two affiliated companies, in the latest move by a Chine...
Tag: china crackdown
Business Appeal Suffers Amid Diminishing Freedoms
Chinese President Xi Jinping said Hong Kong had “risen from the ashes” after several severe challenges, as he arrived in the city on Thursday to celebrate the 25th anniversary of Hong Kong’s handove...
China’s Vaping Queen Sees Fortune Plunge 65% After Chinese Government Probe
Chu Lam Yiu, co-chair of Huabao International. IMAGINECHINA Chinese e-cigarette billionaire Chu Lam Yiu is under investigation from Chinese authorities, causing shares of her company, Hong Kong-listed...