Lai, Xiaomin (1962) 賴小民
Lai Xiaomin, ex-Chairman of China Huarong Asset Management (2799) executed
| Huarong-CMB network
Reuters, 29-Jan-2021
The company featured in our "Huarong-CMB network - 26 stocks not to own" article of 19-Oct-2018.
Reuters, 29-Jan-2021
The company featured in our "Huarong-CMB network - 26 stocks not to own" article of 19-Oct-2018.
China Huarong seeks erasure of Lai Xiaomin
You might want to hang on to a bit of corporate history. (22-Nov-2018)
You might want to hang on to a bit of corporate history. (22-Nov-2018)
Lai Xiaomin, ex-Chairman of Huarong (2799) expelled from Party (in Chinese only)
CCP Central Commission for Discipline Inspection, 15-Oct-2018
Next comes the formality of prosecution.
CCP Central Commission for Discipline Inspection, 15-Oct-2018
Next comes the formality of prosecution.
Huarong and the Chung Nam Network
Webb-site can reveal another SFC investigation underway involving dealings in Pak Wing (8316). The manipulation of this GEM bubble reveals another connection between China Huarong (2799) and what we call the "Chung Nam Network". The more we scrutinise Huarong, the worse it looks. Will the State end up bailing out the bailer? (3-Oct-2018)
Webb-site can reveal another SFC investigation underway involving dealings in Pak Wing (8316). The manipulation of this GEM bubble reveals another connection between China Huarong (2799) and what we call the "Chung Nam Network". The more we scrutinise Huarong, the worse it looks. Will the State end up bailing out the bailer? (3-Oct-2018)
Breaking: SFC freezes up to HK$10.17bn of assets in 3 brokers
Webb-site has deduced that these are assets of Mr Yang Zhihui, missing Chairman and majority shareholder of Landing (0582), and that he is reasonably suspected of fraud causing losses of HK$10.17bn to China Huarong (2799), the ex-Chairman of which is under a corruption investigation in China. We also turn the spotlight on China Goldjoy (1282) which was an enthusiastic buyer of Landing at prices far higher than its Chairman paid beforehand. (1-Oct-2018)
Webb-site has deduced that these are assets of Mr Yang Zhihui, missing Chairman and majority shareholder of Landing (0582), and that he is reasonably suspected of fraud causing losses of HK$10.17bn to China Huarong (2799), the ex-Chairman of which is under a corruption investigation in China. We also turn the spotlight on China Goldjoy (1282) which was an enthusiastic buyer of Landing at prices far higher than its Chairman paid beforehand. (1-Oct-2018)
China Huarong (2799) Chairman quits for "personal reason"
Company announcement, 20-Apr-2018
Mr Lai Xiaomin is under investigation for corruption - surely that is a reason worth mentioning?
Company announcement, 20-Apr-2018
Mr Lai Xiaomin is under investigation for corruption - surely that is a reason worth mentioning?
Head of China’s biggest bad-debt manager Huarong under investigation for graft
South China Morning Post, 18-Apr-2018
South China Morning Post, 18-Apr-2018
Found online: final HK speech of Lai Xiaomin as Chairman of China Huarong (2799) before his execution for corruption (video)
| Mandarin version
Company, 21-Mar-2018
Well worth downloading for classes on corporate governance, watch and learn as Mr Lai hails the CCP and President Xi's leadership, and talks about his own achievements and awards, for over an hour. The rest is history. Mr Lai was executed on 29-Jan-2021.
Company, 21-Mar-2018
Well worth downloading for classes on corporate governance, watch and learn as Mr Lai hails the CCP and President Xi's leadership, and talks about his own achievements and awards, for over an hour. The rest is history. Mr Lai was executed on 29-Jan-2021.
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