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rickn23

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rickn23

Re: rickn23 post# 34332

Monday, 07/08/2019 9:32:22 PM

Monday, July 08, 2019 9:32:22 PM

Post# of 34405
Shares of Noah Holdings Plunge 20% After Ching Lo's Arrest

The Chinese wealth management company said its subsidiary managed $500 million in funds related to Camsing International, controlled by Ching Lo.

https://www.capitalwatch.com/article-4103-1.html

The Shanghai-based wealth and asset management firm said its entity, Shanghai Gopher Asset Management Co. Ltd., managed credit funds that provided supply chain financing involving a third party, Camsing International Holding Ltd. The controlling shareholder of Camsing, Ching Lo, was taken into custody for alleged fraud.

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