Chinese billionaire with canadian citizenship, Xiao Jianhua was arrested from his apartment at the Four Seasons hotel in Hong Kong and taken to the mainland, said the source familiar with the situation.

The Hong Kong police said they are investigating the disappearance of Xiao Jianhua, who went missing on Friday. The police added that they received a request on Saturday from a family member. Xiao is one of the richest people in China and controls the holding of the Tomorrow Group, with shares in banks, insurance companies and developers. Xiao has equity capital of $ 6 billion.

His case has drawn comparisons to Lee Bo, bookseller and British passport holder, who disappeared from Hong Kong at the end of 2015, and then found in a Chinese prison. The disappearance of Li has caused outrage in Hong Kong and at the international level due to fears that he was arrested against his will the Chinese law enforcement agencies.

The source, who asked to remain anonymous due to the politically sensitive nature of the case, said that Xiao he had close relationships with some of the most powerful families in China. The statement in Chinese, Xiao said that he was not kidnapped, but "treated abroad" and meet with the media, as soon as he recovers.
sections: World News, Accidents, Accidents