China’s “Hedge Fund Brother No.1” sentenced to 5-1/2 years in prison – court | International News Live Blog

https://internationalnewsliveblog.wordpress.com/2017/01/23/chinas-hedge-fund-brother-no-1-sentenced-to-5-12-years-in-prison-court/

Xu Xiang, the Chinese hedge fund manager detained in the wake of the country’s stock market crash in 2015, was sentenced on Monday to 5-1/2 years imprisonment for market manipulation. Xu, general manager of Shanghai-based Zexi Investment, who earned nicknames like “Hedge Fund Brother No.1” and “China’s Carl Icahn” in … http://internationalnewslive.com/chinas-hedge-fund-brother-no-1-sentenced-to-5-12-years-in-prison-court/