Zexi ban “just the start” of new China funds crackdown
Mainland hedge fund Zexi Investment and its head, Xu Xiang, have been blacklisted – and sources say more big cases are about to break.
The blacklisting of well-known Chinese hedge fund firm Zexi Investment, announced late on Wednesday, is just the start of a raft of sanctions for mainland private securities managers, a senior fund executive told AsianInvestor.
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