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Shanghai HHSC Capital Management & Affiliates Which Failed to Repay $4.1 Billion of Investment to Clients in 2023 August Declare Insolvency & Unable to Continue Operations, $4.1 Billion Wealth Management Products Include Investments with No Actual Underlying Assets & Sold Illegally, Company Chairman Lin Qiang Had Disappeared in Hong Kong
12th April 2024 | Hong Kong
Shanghai HHSC Capital Management & affiliates which had failed to repay $4.1 billion (CNY 30 billion) of investment to clients in 2023 August, have declare insolvency and unable to continue operations. $4.1 billion of wealth management products include investments with no actual underlying assets, and some of the products were also sold illegally. Shanghai HHSC Capital Management company Chairman Lin Qiang had disappeared in Hong Kong in 2023.
“ Shanghai HHSC Capital Management & Affiliates Which Failed to Repay $4.1 Billion of Investment to Clients in 2023 August Declare Insolvency & Unable to Continue Operations, $4.1 Billion Wealth Management Products Include Investments with No Actual Underlying Assets & Sold Illegally, Company Chairman Lin Qiang Had Disappeared in Hong Kong “
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Shanghai HHSC Capital Management & Affiliates Which Failed to Repay $4.1 Billion of Investment to Clients in 2023 August Declare Insolvency & Unable to Continue Operations, $4.1 Billion Wealth Management Products Include Investments with No Actual Underlying Assets & Sold Illegally, Company Chairman Lin Qiang Had Disappeared in Hong Kong
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