This is the most searched keyword on Yahoo China today (301,804 searches in one day).
It in fact refers to the recent exposure about Henry T. Nicholas III's attempt to build an underground hideaway at his Laguna Hills estate to indulge in drugs and sex with prostitutes seven years ago.
The secret lair, reportedly called "Nick's Cafe", started to cause trouble when a construction crew complained that Nicholas, co-founder of Broadcom, failed to pay them millions of dollars for work performed between 1998 and 2002. The case was since settled but now there is a man seeking a large share of the settlement and hence the recent exposure.
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I hardly find this news surprising or interesting, but I do find it surprising and interesting that the Chinese people like it so much. All the English reports I found were dated July 18, so it means it only took a couple of days for it to reach China and become the hottest topic. Bad news does travel fast, especially anything to do with sex.