Showing posts with label China; Shanghai; Wealth Management Firm; Zhongjin Capital Management. Show all posts
Showing posts with label China; Shanghai; Wealth Management Firm; Zhongjin Capital Management. Show all posts

Saturday, April 09, 2016

Shanghai Wealth Management Firm Comes Crashing To Earth As Executives Arrested

Investors gather at the office of Zhongjin Capital Management. — Reuters

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.