Public Opinion Stability Maintenance · Full chronicle and history

Yi Huiman, the former boss of Fang Xinghai, has been investigated. The official notice mentions that he sought benefits for others in areas such as corporate listing, financing, and loans.

Incumbent CSRC Vice Chairman Wang Jianjun is under investigation.

The Central Commission for Discipline Inspection (CCDI) has issued a notice announcing that Fang Xinghai is under investigation for serious violations of discipline and law.

Fang Xinghai was scheduled to attend and deliver a speech at the China Wealth Management 50 Forum in Beijing, but he did not appear, and his nameplate was left empty.

The China Securities Regulatory Commission (CSRC) has approved the suspension of the securities lending business, a practice previously promoted by Fang Xinghai and widely regarded by retail investors as a tool for 'leek-cutting' (fleecing investors).

Fang Xinghai attends the Summer Davos Forum to discuss potential changes in China's private equity and venture capital following U.S. restrictions on capital entering China.

At the Lujiazui Forum, Fang Xinghai suggested that Hong Kong attract mainland quantitative investment firms, stating that their management capabilities and technical levels are on par with international peers.

The Wall Street Journal reported that Ant Group's equity structure includes capital linked to political families, including Boyu Capital, which was co-founded by Alvin Jiang.

Ant Group's IPO plan was halted, with officials citing changes in financial risk regulation and information disclosure issues as the reasons.

The Shanghai Stock Exchange suddenly announced the suspension of Ant Group's listing process on the STAR Market, even though the project had already entered its final stage.

The Wall Street Journal reporter Lingling Wei published a report on Fang Xinghai containing internal details, released just over six hours before the announcement by the Central Commission for Discipline Inspection.

Caixin has published a report of over 5,000 words exposing Fang Xinghai, focusing on his act of 'passing notes' during the Ant Group IPO process.

The Central Commission for Discipline Inspection (CCDI) issued a notice announcing that Fang Xinghai is under investigation. The notice is brief and does not specify the reasons, amounts, or projects involved.