Tomorrow Holding boss Xiao Jianhua was cross-border taken back to the mainland from the Four Seasons Hotel in Hong Kong by state security (MSS) personnel, and his massive network of proxy-held and money-laundering assets began to be investigated.
The Central Commission for Discipline Inspection (CCDI) announced that Sun Lijun, Vice Minister of Public Security who once oversaw Hong Kong, Macao, and Taiwan affairs as well as cross-border law enforcement, is under disciplinary review and supervisory investigation for suspected severe violations of discipline and law.
Procuratorates in Dongguan, Guangdong issued a Red Notice for Huang Youlong through Interpol. Huang Youlong was arrested immediately upon landing in Bordeaux, France, after arriving on a private jet from Iceland.
Alvin Chau (also known as "Sikit Wah"), founder of Macau gaming junket giant Suncity Group, was arrested in Macau and later sentenced to 18 years in prison.
Macau's Court of Final Appeal delivered its final verdict in the Alvin Chau case, sentencing him to 18 years in prison and confiscating all illegal proceeds for the Macau SAR government.
The High Court of Hong Kong delivered its verdict in the case where Choi Yat-fung sued Huang Youlong to recover over 100 million Hong Kong dollars in agency fees and interest. Choi Yat-fung lost the lawsuit, which inadvertently exposed a capital flight network of the elite.
After undergoing a series of legal procedures in a Thai prison, She Zhijiang was eventually extradited back to China to face charges.
She Zhijiang, founder of the Yatai New City project in Myawaddy, was taken away by Thai police in Bangkok based on an Interpol Red Notice during a dinner gathering.
After a French court rejected the extradition of Huang Youlong, Zhao Wei was completely banned across the entire mainland internet, with her social media accounts suspended and multiple film and television works removed.
The China Securities Regulatory Commission (CSRC) issued a warning to Zhao Wei and her husband, fined them 300,000 yuan each, and imposed a 5-year securities market ban.
Zhao Wei's shell company Longwei Media signed a share transfer agreement with Wanjia Culture, attempting to acquire control of Wanjia Culture with high leverage, which ultimately terminated due to financing failure.
Huang Youlong borrowed 60 million euros (approximately HK$280 million) from the Sun City VIP room at Crown Casino in Australia and lost it all within six days, effectively completing overseas money laundering and settlement through casino accounts.
Zhao Wei and Huang Youlong invested HK$3.1 billion to acquire a 9.18% stake in Alibaba Pictures. Confidential documents show that the funds were provided by Xiao Jianhua's Tomorrow Holding, with the couple acting as proxy holders.
Qi Qiaoqiao, the elder sister of Xi Jinping, and her husband Deng Jiagui sold their 50% stake in a Beijing investment company to a company founded by Xiao Jianhua, removing their names from the assets.