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Top China Hedge Fund Manager & Founder of Qianhe Capital Management & Hong Kong Top Ace Asset Management Wang Yawei Will Step Down from Daily Operations, Reported to be Under Investigation by China Authorities in 2023, Case Linked to China Securities Regulator Top Executive Zhu Congjiu Who is under Investigation for Suspected Corruption

10th February 2024 | Hong Kong

Top China hedge fund manager & founder of Qianhe Capital Management and Hong Kong Top Ace Asset Management Wang Yawei has announced to step down from daily operations.  In 2023 October, Wang Yawei had been reported to be under investigation by China authorities, with his case linked to former China securities regulator top executive Zhu Congjiu who is under investigation for suspected corruption.  In May 2023, the former Assistant Chairman of China Securities Regulatory Commission (CSRC) Zhu Congjiu has been placed under investigation for suspected corruption by the China Communist Party of China Central Commission for Discipline Inspection. Zhu Congjiu is a member of the leading Party members group of the Zhejiang Provincial Committee of the Chinese People’s Political Consultative Conference and Vice Chairperson of the committee.

“ Top China Hedge Fund Manager & Founder of Qianhe Capital Management & Hong Kong Top Ace Asset Management Wang Yawei Will Step Down from Daily Operations, Reported to be Under Investigation by China Authorities in 2023, Case Linked to China Securities Regulator Top Executive Zhu Congjiu Who is under Investigation for Suspected Corruption “

 



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Top China Hedge Fund Manager & Founder of Qianhe Capital Management & Hong Kong Top Ace Asset Management Wang Yawei Reported to be Under Investigation by China Authorities, Case Linked to China Securities Regulator Top Executive Zhu Congjiu Who is under Investigation for Suspected Corruption

Shanghai, China

14th October 2023 – Top China hedge fund manager & founder of Qianhe Capital Management and Hong Kong Top Ace Asset Management Wang Yawei has been reported to be under investigation by China authorities, with his case linked to former China securities regulator top executive Zhu Congjiu who is under investigation for suspected corruption.  In May 2023, the former Assistant Chairman of China Securities Regulatory Commission (CSRC) Zhu Congjiu has been placed under investigation for suspected corruption by the China Communist Party of China Central Commission for Discipline Inspection. Zhu Congjiu is a member of the leading Party members group of the Zhejiang Provincial Committee of the Chinese People’s Political Consultative Conference and Vice Chairperson of the committee.

 

 

Former Assistant Chairman of China Securities Regulatory Commission Zhu Congjiu Investigated for Suspected Corruption

Shanghai, China

5th May 2023  – The former Assistant Chairman of China Securities Regulatory Commission (CSRC) Zhu Congjiu has been placed under investigation for suspected corruption by the China Communist Party of China Central Commission for Discipline Inspection. Zhu Congjiu is a member of the leading Party members group of the Zhejiang Provincial Committee of the Chinese People’s Political Consultative Conference and Vice Chairperson of the committee.

 

 

China Securities Regulatory Commission

Shanghai, China

China Securities Regulatory Commission (CSRC), a ministerial-level public institution directly under the State Council, performs a unified regulatory function, according to the relevant laws and regulations, and with the authority by the State Council, over the securities and futures market of China, maintains an orderly securities and futures market order, and ensure a legal operation of the capital market.




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