A photograph made available by Chinese University shows Xiao Jianhua at a robotics symposium in Hong Kong in April 2016. Photo: EPA
A photograph made available by Chinese University shows Xiao Jianhua at a robotics symposium in Hong Kong in April 2016. Photo: EPA

exclusive | China’s battle plan against tycoons prompts Xiao Jianhua firm to sell US$23 billion of assets

Beijing is taking three approaches to conglomerates that have ramped up risks with their involvement in financial sector

A photograph made available by Chinese University shows Xiao Jianhua at a robotics symposium in Hong Kong in April 2016. Photo: EPA
A photograph made available by Chinese University shows Xiao Jianhua at a robotics symposium in Hong Kong in April 2016. Photo: EPA
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