Arab Today, arab today top china exec spotted in new york after disappearance
Last Updated : GMT 10:34:36
Arab Today, arab today
Arab Today, arab today

Top China exec spotted in New York after disappearance

Arab Today, arab today

Arab Today, arab today Top China exec spotted in New York after disappearance

Guo Guangchang, the chairman of one of China's biggest private-sector conglomerates Fosun
Beijing - AFP

The billionaire boss of one of China's largest private companies, who was last week rumoured to be being detained by authorities, has turned up in New York, media said Friday.

The four-day disappearance of Guo Guangchang, known as China's Warren Buffett, sparked rumours that the head of Fosun had been caught in a crackdown on the financial sector.

He reappeared briefly at a corporate meeting Monday, after nervous investors drove the group's primary traded stock down by almost 10 percent, but had not been seen in public since.

But now, Guo has been spotted eating dinner in Manhattan, respected business magazine Caijing said, citing a photo that appeared in Chinese social media.

"He appeared to be in good spirits," according to the accompanying post, which added that the picture was evidence that Guo had been "merely helping an investigation".

In the wake of Guo's disappearance, Fosun subsidiaries said the 48-year-old executive -- known as a loyal advocate of the ruling Communist Party -- was "assisting in certain investigations" by Chinese authorities.

The photo shows Guo sitting in what appears to be a restaurant, locked in conversation, as wait staff stand behind him. The authenticity of the photo could not immediately be confirmed.

Fosun is a private conglomerate with sprawling interests in China and abroad, including Club Med and Cirque de Soleil.

It has a large real estate portfolio in Shanghai -- stronghold of former president Jiang Zemin, whose allies have been targeted by President Xi Jinping's anti-graft campaign.

Guo was linked by local media to Wang Zongnan, head of state-owned Shanghai retailer Bailian, who was given an 18-year sentence in August for embezzlement and bribery.

The Fosun chairman sold two villas to Wang's parents in 2003 at less than half their market value, according to widely circulated media reports.

Guo denied the allegations, but they have raised questions about his relationship with Wang and by extension Jiang.

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today top china exec spotted in new york after disappearance Arab Today, arab today top china exec spotted in new york after disappearance

 



Arab Today, arab today
Arab Today, arab today Prepares to present her new collection

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today 11 family members dead in rebel push

GMT 07:57 2017 Tuesday ,21 February

11 family members dead in rebel push
Arab Today, arab today To probe sexual harassment claims

GMT 10:08 2017 Tuesday ,21 February

To probe sexual harassment claims
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Ahmed Fahmy stresses he did not ignore singing

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 14:51 2017 Monday ,20 February

Ways to acquire presentation skills

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday