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Chinese authorities arrest top fund manager for insider trading, shoots his partner for resisting

China’s Xu Xiang, who heads Shanghai-based Zexi Investment, has been likened both to Warren Buffet and Carl Icahn, given his reputation as an excellent profit-maker in the Chinese equity fund market. According to Want China Times, “The fund is reported to currently manage more than 10 billion yuan (US$1.6 billion).” In addition to this, Zexi also Read More