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Ex-Fund Managers of Shenzhen-Based Lion Fund Management in China Court Trial for Bribery, Cai Songsong Managed $5.7 Billion AUM & Qu Quanru Managed $770 Million AUM, Another Ex-Fund Manager Zou Xiang Sentenced to 11 Years Jail & Fined $2 Milllion in 2022 for Bribing Officials to Help in Probe Over Leaked Information to Younger Brother & Generating $3.3 Million in Trading Profit
20th April 2024 | Hong Kong
The ex-fund managers of Shenzhen-based Lion Fund Management are in China court trial for bribery. Cai Songsong had managed $5.7 billion in AUM (Assets under Management) and Qu Quanru had managed $770 million AUM. Another ex-fund manager of Lion Fund Management Zou Xiang was sentenced to 11 years jail and fined $2 milllion in 2022 for bribing officials to help in probe over leaked information to younger brother who generated $3.3 million in trading profit.
“ Ex-Fund Managers of Shenzhen-Based Lion Fund Management in China Court Trial for Bribery, Cai Songsong Managed $5.7 Billion AUM & Qu Quanru Managed $770 Million AUM, Another Ex-Fund Manager Zou Xiang Sentenced to 11 Years Jail & Fined $2 Milllion in 2022 for Bribing Officials to Help in Probe Over Leaked Information to Younger Brother & Generating $3.3 Million in Trading Profit “
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Ex-Fund Managers of Shenzhen-Based Lion Fund Management in China Court Trial for Bribery, Cai Songsong Managed $5.7 Billion AUM & Qu Quanru Managed $770 Million AUM, Another Ex-Fund Manager Zou Xiang Sentenced to 11 Years Jail & Fined $2 Milllion in 2022 for Bribing Officials to Help in Probe Over Leaked Information to Younger Brother & Generating $3.3 Million in Trading Profit
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