China Create Capital Chairman Zhang Wei (in white) with Henderson Land Development’s executive director Fung Lee Woon-king, who is also the sister of the developer’s chairman Lee Shau-kee, during a signing ceremony in Macau on January 5, 2018. Photo: Handout

Soldier-turned-entrepreneur Zhang Wei arrested by Shenzhen police, who call his China Create Capital a ‘mafia-like gang’

  • China Create Capital, established in 2004 as an investment holding firm, owns stakes in at least 10 Hong Kong-traded companies, valued at a combined HK$346.8 million
  • The company, headed by Zhang Wei, is a ‘mafia-style gang’ involved in a range of crimes, Shenzhen police said after arresting Zhang and 43 other of his colleagues
Topic |   Corruption in China

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China Create Capital Chairman Zhang Wei (in white) with Henderson Land Development’s executive director Fung Lee Woon-king, who is also the sister of the developer’s chairman Lee Shau-kee, during a signing ceremony in Macau on January 5, 2018. Photo: Handout
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Sunflower Pharmaceutical Group. Photo: Weibo.

Chinese executive’s arrest for murder weighs on share of Sunflower Pharmaceutical

  • Sunflower Pharmaceutical saw shares drop 10 per cent in 12 minutes over reports of arrest
  • Company tells stock exchange its operations are not affected
Topic |   Pharmaceuticals

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Sunflower Pharmaceutical Group. Photo: Weibo.
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