In April, 2065438+June, it was learned from Qingdao Public Security Bureau that Xu Xiang, the legal representative and general manager of Zexi Investment Management Co., Ltd., and others were recently arrested on suspicion of manipulating the securities market and insider trading. Cheng Boming, general manager of CITIC Securities Co., Ltd., Liu Jun, executive chairman of the brokerage business development committee, and Xu Jun, head of the equity investment department, were also arrested according to law.
On October 23rd, 2065438+2007/KLOC-0, Qingdao Intermediate People's Court made a first-instance judgment on the case of defendants Xu Xiang, Wang Wei and Zhu Yong manipulating the securities market. Defendant Xu Xiang was convicted of manipulating the securities market, sentenced to five years and six months' imprisonment and fined.
Extended information:
Characters experience, Xu Xiang.
In 2005, Xu Xiang moved from Ningbo to Shanghai, and experienced the A-share bull market in 2007-2008. On February 7, 2009, Xu Xiang established Zexi Investment Management Co., Ltd. with a registered capital of 30 million yuan. Among the historical figures in China, Xu Xiang worshipped Mao Zedong, who founded the new China, and Emperor Kangxi, who led the prosperous Qing Dynasty, so he named the company Zexi.
Zexi Investment official website shows that the company was established in February 2009, managing 6 products, of which 5 were established between March and July of 20 10. By May 9, 20 14, the yield was 138.5% ~ 298.8%. At the same time, the Shanghai and Shenzhen 300 Index fell by 34%.