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China Securities Regulator Commission Investigates $277 million Hedge Fund Zhejiang Ruifengda Asset Management after Failing to Pay Investors after Redemptions & Controlling Shareholder Went Missing, Investors Report to Police, Shanghai Office Sealed, Investors Include Institutions & Securities Firms
16th May 2024 | Hong Kong
The China Securities Regulator Commission (CSRC) is investigating $277 million (CNY 2 billion) China hedge fund Zhejiang Ruifengda Asset Management with the hedge fund failing to pay investors after redemptions & controlling shareholder went missing. Some investors have reported to the police, with the Shanghai office sealed by investigators. Investors in Zhejiang Ruifengda Asset Management include institutions & securities firms in China.
“ China Securities Regulator Commission Investigates $277 million Hedge Fund Zhejiang Ruifengda Asset Management after Failing to Pay Investors after Redemptions & Controlling Shareholder Went Missing, Investors Report to Police, Shanghai Office Sealed, Investors Include Institutions & Securities Firms “
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China Securities Regulator Commission Investigates $277 million Hedge Fund Zhejiang Ruifengda Asset Management after Failing to Pay Investors after Redemptions & Controlling Shareholder Went Missing, Investors Report to Police, Shanghai Office Sealed, Investors Include Institutions & Securities Firms
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