Chinese billionaires and company bosses keep vanishing, later end up in prison or fall from buildings.
Chinese billionaires and CEOs keep disappearing in state-sanctioned abductions.
Mr Xiao who has close ties to senior communist parties officials including president Xi Jinping, left his hotel room at the 'four seasons' Hotel in Hong Kong.
According to the Haran China rich list he is the country's 32nd richest person with a net worth of around 6 billion dollars in 2017.
It's unclear why he was detained but the case bears similarities to that of Hong Kong bookseller and British passport holder Lee Beau who vanished in January 2016 before reappearing in China.
Mr Lee was one of five booksellers who disappeared between December 2015 and January 2016. Triggering a wave of condemnation and protests, He later said he had voluntarily crossed the border.
Many Hong Kong residents resent beijing's influence in the city which sparked nearly three months of demonstrations in late 2014.
Those disappearances were not the first to be linked to Beijing. Investigations Bloomberg reports that senior executives from 34 listed companies disappeared in 2015.
In December 2015 48 year old chief executive Guo Guanxiang known as China's warren buffett went missing.
Mr Guo was worth an estimated 6.9 billion dollars. His investment group Fosun owns Club Med and Cirque Du Soleil among other businesses.
He reappeared in the U.S after about a week spent out of contact.
In late 2015 Cajun magazine reported president Mao Xiao Fang was unreachable after being taken away by the communist party's anti-corruption agency to assist with an investigation.
The Alibaba founder has reportedly not been seen in public since October, The same time when he had hit out at the ruling communist regime in Russia.
People's daily the official newspaper of the chinese communist party reportedly stated that Ma is now embracing supervision at an undisclosed location later however the newspaper website removed the story.
A report on NYT last month read trouble began for Jack Ma after he openly criticized China's banking system and banking officials.
Soon after that officials suspended Ma's group 37 billion initial public offerings in November of last year.
Chinese officials have also opened an anti-trust investigation into Alibaba.
The powerhouse e-commerce company that he co-founded and over which he still holds considerable sway.
Ma isn't the only high profile chinese personality who has suddenly disappeared from the public forums.
Just recently last year a Chinese actress went missing, It was later revealed that she was imprisoned for three months.
Similarly Chinese scientist Heisengui was untraceable last year. He was kept in house arrest.
These disappearances are more than mere coincidence.
Central to these theories is the Chinese government's supposed anti corruption battle since 2013 under the charge of premier Xi Jinping and anti-corruption chief Wang Kui Shan.
A number of China's leading businessmen had been questioned under suspicion of corruption.
It is suspected that Guo Guanxiang has been targeted by Chinese government for this very reason.
The anti corruption campaign however may not be as substantive as it seems.
What at first seemed to be a genuine attempt to pursue those involved in unscrupulous dealings, soon morphed into a basic witch hunt.
The Chinese economy underwent substantial shocks in 2015.
After a fall in exports the Chinese government devalued the Yuan in order to stimulate international trade.
The Chinese authorities are searching for a scapegoat for the year's economic troubles in China's billionaires.
It seems they found a target while Alibaba's spokesperson had publicly refused to make statements about Ma's location.
'Primavera' group CEO and former 'Chinese Goldman Sachs' chairman clarified in the media that Ma was intact well and physically sound.
Tycoons called Ma's disappearance as a design by the CCP for presenting dissenting views against his government publicly.
Many speculated that Ma was arrested under China's secret detentions act formed in 2013.
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