{"id":50608,"date":"2015-11-12T10:34:35","date_gmt":"2015-11-12T15:34:35","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=50608"},"modified":"2015-11-12T10:34:35","modified_gmt":"2015-11-12T15:34:35","slug":"chinese-hedge-fund-manager-sees-assets-frozen-by-authorities","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2015\/chinese-hedge-fund-manager-sees-assets-frozen-by-authorities.html","title":{"rendered":"Chinese Hedge Fund Manager Sees Assets Frozen by Authorities"},"content":{"rendered":"<p>New York (HedgeCo.net) \u2013 As Chinese authorities continue to crackdown on institutional investors, Wednesday saw the police freeze approximately $1 billion in assets of Xu Xiang. Xu is a hedge fund manager and he is currently under investigation for insider trading. <\/p>\n<p>The Ministry of Public Safety placed Xu and his frim Zexi under investigation last week and that adds to the deepening investigation by Chinese authorities as they look for a scapegoat in the increasingly volatile Chinese stock market. So far the investigation has led to investigations in to executives at brokerage firms, securities regulators and even a few journalists.<\/p>\n<p>It is interesting that the Chinese authorities weren\u2019t investigating stock manipulation in the first part of the year when the Shanghai Composite rose almost 60% from the beginning of the year through mid-June. It wasn\u2019t until the index fell over 40% from mid-June through late August that the investigations started.<\/p>\n<p>Rick Pendergraft<br \/>\nResearch Analyst<br \/>\nHedgeCoVest<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.net) \u2013 As Chinese authorities continue to crackdown on institutional investors, Wednesday saw the police freeze approximately $1 billion in assets of Xu Xiang. Xu is a hedge fund manager and he is currently under investigation for insider [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,3,16048],"tags":[],"class_list":["post-50608","post","type-post","status-publish","format-standard","hentry","category-hedgeco-networks-press-releases","category-hedgeco-news","category-hedgecovest-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/50608","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=50608"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/50608\/revisions"}],"predecessor-version":[{"id":50609,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/50608\/revisions\/50609"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=50608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=50608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=50608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}