A Caixin report reveals the money-making network of the fallen former Xinjiang Party Secretary Ma Xingrui: facilitated by associates Ma Xingquan and Ma Shaofu, operated by white glove Wang Zhanjiang, using the state-owned enterprise credentials of Hu Donghai and CITIC Real Estate to acquire land, and then cashing out through Evergrande and Vanke.
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李老师不是你老师
2026-11-05 20:04 · 财新报道落马的前新疆党委书记马兴瑞的搞钱网络，从公权力经关系人、白手套借央企名号拿地，最终借恒大、万科倒手套现。
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Caixin Report Exposes the Money-Making Network of Former Xinjiang Party Secretary Ma Xingrui
2026.07.19 · Reported
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