Tomorrow Holdings Fined $8.14 billion

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Image Source : China VisualBEIJING, August 19 (TMTPOST) -- The Shanghai First Intermediate Court on Friday meted out a fine of RMB 55.03 billion ($8.14 billion) to defendant Tomorrow Holdings on several counts and sentenced Xiao Jianhua to 13 years in prison with a fine of RMB 6.5 million ($961 thousand).Tomorrow Holdings and Xiao were also ordered to return the illegal proceeds of the above crimes and related illega