"China’s Moneybag Friends at Harvard University"
Asia Sentinel, August 18, 2017
asiasentinel.com/p/china-moneyb…
Asia Sentinel, August 18, 2017
asiasentinel.com/p/china-moneyb…
"Dalian Wanda, the Chinese conglomerate that owns the AMC movie theater chain and nurtures Hollywood ambitions, has sometimes turned to the secretive business network of a politically connected Chinese billionaire in times of need."
"Now both Wanda and that billionaire, Xiao Jianhua, are under official pressure in China — and one Wanda insider says that may not be a coincidence."
"Chinese authorities have not discussed Mr. Xiao’s situation publicly. But Tony Saich, a professor at the Kennedy School at Harvard University and a director of Wanda’s AMC Entertainment arm, said Mr. Xiao’s work with the authorities and Wanda’s problems might be connected."
"Mr. Saich has played host to Wanda’s chairman, Wang Jianlin, at Harvard and knows Mr. Xiao because of his donations to the university."
nytimes.com/2017/08/10/bus…
nytimes.com/2017/08/10/bus…
"JT Capital Management has recently been the source of funds for a scholarship program at the Harvard Kennedy School of Government sponsored by the Tomorrow Foundation, the charitable arm of Mr. Xiao’s main holding company, the Tomorrow Group."
"Firms linked to Beijing’s formidable arms-trading conglomerate, China Poly Group Corp., executed at least three recent transactions involving the billionaire, Xiao Jianhua, including a $10 million donation to Harvard University."
"Mr. Xiao, a 45-year-old naturalized Canadian citizen with vast holdings in banks, brokerages and a newspaper, crossed the border into mainland China almost three months ago, according to statements by Hong Kong police and his businesses."
"He hasn’t been heard from since and couldn’t be reached to comment; his whereabouts isn’t known. It is unclear if he has a lawyer, and his businesses say they have no information about him. Chinese authorities have said nothing."
Some kind of "Notice of Exempt Offering of Securities" for JT Greater China Long-Short US Fund back in 2011, with people attached to it from JT Fund Management Limited, JT Capital Management Limited, DMTC Group Limited and Harvest Fund Management Co. Ltd.
sec.gov/Archives/edgar…
sec.gov/Archives/edgar…
Harvest Fund Management Co. Ltd is the same company that partnered with Bohai Industrial Investment Fund Management Co., Thornton Group LLC and Rosemont Seneca Partners to create BHR Partners.
wsj.com/articles/bohai…
wsj.com/articles/bohai…
