An investigative report by an American journalist noted that Xiang Huaqiang is a co-owner of a Beijing luxury entertainment venue TOP Ten, and the other co-owner is then-Minister of Public Security Tao Si Ju.
Xiang Huaqiang and Xiang Huasheng set up a film production base in Shenzhen, and simultaneously serve as directors of a Hong Kong investment company together with Guangdong elite family member Ye Xinlong.
A US Senate panel investigating organized crime in Asia listed Xiang Huaqiang as a key figure of Sun Yee On.