HONG KONG—A Canadian-Chinese language billionaire is standing trial in mainland China greater than 5 years after he mysteriously disappeared from Hong Kong, marking progress in a protracted case that has baffled the nation’s enterprise group.
A trial of Xiao Jianhua, a politically related financier who as soon as boasted vast holdings from insurance to beet farming, was resulting from happen on Monday, mentioned a spokeswoman for the Canadian Embassy in Beijing.
