According to the Hong Kong Securities Regulatory Commission, Xingzheng International Asset Management was condemned and fined $6.8 million by the Hong Kong Securities Regulatory Commission for failing to properly identify and handle warning signs in suspicious arrangements and other shortcomings in managing private funds.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.