Chinese billionaire Xiao Jianhua seized from luxury Hong Kong hotel, source says

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(CNN)A Chinese billionaire with Canadian citizenship has actually been taken from his house at the Four Seasons hotel in Hong Kong and required to mainland China, a source knowledgeable about the scenario informed CNN Wednesday.

Hong Kong cops stated they were examining the disappearance of Xiao Jianhua, who was reported missing out on Friday. Cops included that they had actually gotten a demand Saturday from a member of the family to drop the case.

Mingpao stated they could not divulge who purchased the uncommon advertisement, which inning accordance with the paper's marketing rate card would have cost $36,500.

Other prominent businesspeople apprehended in China have actually been pushed to launch messages firmly insisting that whatever is great.

The paper declaration resembled a post on the Tomorrow Group's WeChat account-- a social media and messaging app that's enormously popular in China. The post has actually because been erased.

The Four Seasons, which inhabits a 45-story high-rise building that commands magnificent views of Hong Kong's harbor, stated it was working together with the authorities examination however decreased to comment even more.

The Canadian Consulate stated it knew the authorities and reports were "in contact with the authorities to collect extra info and offer support."

"In order to safeguard the personal privacy of the private worried, additional information on this case can not be launched."

China's Ministry of Foreign Affairs and Public Security Ministry didn't react to an ask for remark.

Who is he?

Born in China, Xiao likewise held a diplomatic passport from Antigua and Barbuda, where he was an ambassador at big, according to a declaration on the Antigua federal government site. The nation's foreign ministry didn't instantly react to an ask for remark.

According to the Financial Times, Xiao was an investor with connect to the household of Chinese President Xi Jinping.

He was among a variety of Chinese magnates who had actually relocated to Hong Kong and resided in personal houses at the 5-star Four Seasons hotel throughout Xi's crackdown on business excess, the paper stated.

A 2014 profile in the New York Times stated Xiao was frequently surrounded by assistants and maintained a variety of female body guards "who even clean the sweat from his eyebrow."

Born in a bad mountain town, Xiao passed the extremely competitive college entryway examination at 14 and participated in Peking University, China's many prominent, it included.

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