THE LONG READ: The fall of Xu Xiang - China's hedge-fund king

He was China’s undisputed hedge-fund king – until the stock market bubble he helped create took him down with it, writes Alex W Palmer

THE LONG READ: The fall of Xu Xiang - China's hedge-fund king
Sat, 16 Apr, 2016 - 01:00

At 10:33 am on Sunday, November 1 of last year, the highway police in Ningbo, an industrial city on China’s eastern coast, posted a seemingly innocuous message to their official microblog.

He was China’s undisputedhedge-fund king – untilthe stock market bubble hehelped create took him downwith it, writes Alex W Palmer

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CourtsAnalysisxu xiangPlace: ChinaPlace: NingboPlace: G15 ExpresswayPlace: Hangzhou Bay bridgePlace: LondonPlace: ShanghaiPlace: Fenghua RiverPlace: Hangzhou BayPerson: Xu XiangPerson: Alex W PalmerPerson: XuEvent: Black MondayOrganisation: Zexi InvestmentOrganisation: The People’s DailyOrganisation: Armani
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