Latest news with #LiJian
South China Morning Post
3 days ago
- South China Morning Post
Chinese fugitive's daring escape in Thailand ends in recapture 200km away
Chinese national who escaped from Thai police custody by dramatically leaping from a second-floor window was recaptured less than 24 hours later in a hotel 200km (124 miles) away after an extensive manhunt. Advertisement Li Jian, 38, was arrested at Bangkok's Don Mueang Airport on Wednesday as he was about to board an AirAsia flight to Da Nang, Vietnam , local media reported. An existing warrant for his arrest related to fraud had been issued by the Pattaya Provincial Court earlier that day. Li reportedly convinced an unsuspecting victim to exchange Chinese yuan for a stablecoin in exchange for investment opportunities. The victim transferred USDT tokens, valued at more than 1.26 million baht (US$38,600), in exchange for 178,000 yuan (US$24,800). Li did not transfer the yuan, prompting the victim to file a police report, according to Thai daily Khao Sod. Advertisement After his arrest, Li was brought to the Pattaya City Police Station just after midnight on Thursday for processing. However, while investigating officer Kriangkrai Kaewphiphop was momentarily distracted, Li opened a sliding glass window in the second-floor interrogation room, jumped down to a side street and fled.
South China Morning Post
08-04-2025
- Business
- South China Morning Post
Ant Group executive pays US$10 million for Hong Kong villa, 35% lower than 2022 peak
Hong Kong's luxury property market continues to witness heavily discounted sales, with buyers taking advantage of depressed prices. Advertisement A four-bedroom, 3,314 sq ft detached house in Villa Rosa, Tai Tam, was acquired for HK$78 million (US$10 million) last week by a senior executive of Ant Group, operator of China's biggest mobile payment system Alipay, according to Land Registry records. The buyers were executive vice-president Shao Xiaofeng and his wife Li Jian, according to a property agent. Hangzhou-based Ant Group is a fintech affiliate of Alibaba Group Holding, which owns the Post. Ant Group did not reply to a request for comment. Villa Rosa, located at 88 Red Hill Road in the Southern district, has 16 detached houses. The latest transaction price was 35 per cent less than another unit sold in the same development three years ago for HK$120 million. Hangzhou-based Ant Group is China's biggest operator of mobile payment systems. Photo: Shutterstock Celebrities, tycoons and other wealthy investors have been snapping up luxury homes in Hong Kong on the cheap, as the prices of these exclusive abodes have plunged by as much as 45 per cent from their peaks amid high interest rates. Advertisement
