How Did Ding Yifeng's Zen Investing Create a Multi-Billion Dollar Black Hole? (AI Translation)
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- Ding Yifeng Group, founded by Sui Guangyi who claimed to have visions guiding his investment strategies, faces a crisis as investors demand refunds due to halted financial product redemptions and unpaid dividends.
- Sui used mysticism to attract followers and sold 'pre-IPO shares' of companies under Ding Yifeng, raising funds at high interest rates from the public. The company's financial products stopped monthly dividends months before announcing an eight-month suspension of all redemptions for a planned digital asset exchange listing.
- Amidst the liquidity crisis, Ding Yifeng proposed converting existing financial products into digital options with promises of significant returns. However, this move is seen by some investors as merely delaying payouts. Hong Kong's securities regulator took legal actions against individuals associated with Ding Yifeng Holdings for market manipulation.
文｜财新周刊 陈博 向凯
By Caixin Weekly's Chen Bo, Xiang Kai
作为鼎益丰集团（下称“鼎益丰”）的创始人，隋广义在一个混杂投资和修行的圈层中居于中心，被尊称为“师父”。追随他的人说，隋广义常用“梦”来解释自己的投资策略。
As the founder of Ding Yifeng Group (hereinafter referred to as "Ding Yifeng"), Sui Guangyi occupies a central position in a circle that mixes investment with spiritual practice, and is respectfully referred to as "Master". Followers say that Sui Guangyi often uses "dreams" to explain his investment strategies.
隋广义自称曾任职某县级市副市长，其间，一种“人生新高度”出现在他梦境中，于是挂冠而去，赴四川名山修道。道成出山后，2011年他创办了深圳市鼎益丰资产管理股份有限公司（下称“深圳鼎益丰资管”），为日后鼎益丰最早的载体。
Sui Guangyi claimed to have once held the position of deputy mayor in a county-level city. During his tenure, he envisioned a "new pinnacle of life" in his dreams, which led him to resign and retreat to a renowned mountain in Sichuan for Taoist cultivation. After completing his spiritual journey, he founded Shenzhen Dingyifeng Asset Management Co., Ltd. (hereinafter referred to as "Shenzhen Dingyifeng Asset Management") in 2011, which became the earliest entity of Dingyifeng.
2015年，隋广义梦见“爷”“一”“力”三个字，他认为这三个字的笔画分别是6、1、2，指向当时以“00612.HK”为代码在香港上市的中国投资基金有限公司，因此收购了这家公司；该上市公司几经更名后，当前名为鼎益丰控股集团国际有限公司（下称“鼎益丰控股”）。
In 2015, Sui Guangyi had a dream featuring the characters "爷" (grandfather), "一" (one), and "力" (power), which he interpreted as representing the numbers 6, 1, and 2. He believed these numbers pointed to the stock code "00612.HK" of China Investment Fund International Holdings Limited, listed in Hong Kong at that time, leading him to acquire the company. After several name changes, the listed company is currently known as Ding Yifeng Group International Holdings Limited (hereinafter referred to as "Ding Yifeng Holdings").
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