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Tomorrow never dies

4 January 2018 By Pete Sweeney

Fog is thickening around a missing tycoon’s embattled empire. One holding of Xiao Jianhua’s Tomorrow Holdings, Hengtou Securities, said nine owners will sell a stake to CITIC Guoan for $1.4 bln, or five times the market price. Such mysteries undermine Hong Kong’s investor appeal.

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