Excellence Group Chairman Li Wa, one of China’s richest real estate developers, is reportedly back at the company after he was taken away by authorities on Jan. 19 to assist with a government investigation. Li reappeared at work before the Chinese New Year holiday, Chinese-language China Business News reported on Friday. Shenzhen-headquartered Excellence didn’t respond to a phone call by Forbes China on Friday. Li was taken away and questioned in connection with a government investigation, according to a statement last month by China Chengxin Securities Ratings. 67 on the 2018 Forbes China Rich List.
Source: Forbes February 18, 2019 02:26 UTC