Caixin
Nov 29, 2023 10:18 AM
CX DAILY

CX Daily: Zhongzhi Vice President Xie Among Those Probed Over Group’s Collapse

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Beijing police are investigating Xie Zizheng and senior staff at four Zhongzhi-linked wealth management affiliates.
Beijing police are investigating Xie Zizheng and senior staff at four Zhongzhi-linked wealth management affiliates.

Zhongzhi /

Exclusive: Zhongzhi vice president Xie among those probed over group’s collapse

Some of the suspects under investigation over their involvement in troubled investment giant Zhongzhi Enterprise Group Co. Ltd. were senior staff in four Zhongzhi-linked wealth management firms whose money-losing bets have left investors nursing billions of yuan of losses, sources familiar with the matter told Caixin.

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