You are here

Wealth management high-flyer in Shanghai crashes, execs arrested

21 Zhongjin Capital Management employees held on suspicion of "illegal fundraising"

BT_20160411_CPWEALTH11_2215285.jpg
Investors gathering at the office of Zhongjin Capital Management in Shanghai last Thursday.

Shanghai

ZHONGJIN Capital Management made a splash in the past couple of years in Shanghai. The wealth management firm's imposing branch office on Shanghai's historic Bund pulled in many eager investors seeking the double-digit returns it promised on short-term financing products. It had

sentifi.com

Market voices on:

Powered by GET.comGetCom