Shanghai wealth management firm comes crashing to earth as executives arrested

[ahlam1399]

Shanghai wealth management firm comes crashing to earth as executives arrested

Shanghai wealth management firm comes crashing to earth as executives arrested
SHANGHAI (Reuters) - Zhongjin Capital management made a splash in the past couple of years in Shanghai. The wealth management firm’s imposing branch ****** on Shanghai’s historic Bund pulled in many eager investors seeking the double-digit returns it promised on short-term financing products. It had a big profile, sponsoring popular Shanghai TV dating program "Saturday Date" and signed up domestic billiards star Pan Xiaoting as a spokesperson.

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