Fear Spreads as China’s Finance Firms Face Arrests

The high-drama highway arrest of a prominent hedge fund manager. Seizures of computers and phones at Chinese mutual funds. The investigations of the president of Citic Securities Co. and at least six other employees. Now, add the probe of China’s former gatekeeper of the IPO process himself.

Sourced through Scoop.it from: www.bloomberg.com

See on Scoop.itPublic-Private Duality, Economic Crisis, and New Financial Trends

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