Wealthy businessman Guo Wengui has lived in exile in New York for more than five years. Photo: Reuters Wealthy businessman Guo Wengui has lived in exile in New York for more than five years. Photo: Reuters
Wealthy businessman Guo Wengui has lived in exile in New York for more than five years. Photo: Reuters
Guo Wengui

Fugitive Chinese tycoon Guo Wengui sues UBS for US$500 million over deal gone awry

  • He claims the bank pressured him into borrowing money tied to the purchase of shares in brokerage Haitong Securities
  • Businessman says his investment was wiped out when UBS forced the sale of the stock during a market rout

Topic |   Guo Wengui
Wealthy businessman Guo Wengui has lived in exile in New York for more than five years. Photo: Reuters Wealthy businessman Guo Wengui has lived in exile in New York for more than five years. Photo: Reuters
Wealthy businessman Guo Wengui has lived in exile in New York for more than five years. Photo: Reuters
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