Tomorrow Group

7 Takeaways From Our Investigation Into a Secret Investor in Jack Ma’s Companies

Behind the scenes, China’s most celebrated and its most notorious billionaires were linked through investments worth at least $1 billion.

By Michael Forsythe Katrina Northrop and Eliot Chen

China Corruption (Institutional) Hong Kong Ma, Jack Tomorrow Group

The Billionaire Criminal Who Secretly Profited Off Jack Ma’s Deals

Confidential documents show that Xiao Jianhua, a corrupt investor tied to China’s political elite, backed the country’s most successful and revered entrepreneur.

By Michael Forsythe Katrina Northrop and Eliot Chen