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Chinese Hedge Fund Man Group Chairperson Denies Media Reports of Her Arrest

Sep 07, 2015 05:59 AM EDT

Man Hedge Fund Group Chairperson Li Yifei has on Monday denied media reports that she was taken into police custody to be quesitoned over the tumbling prices in the Chinese stock exchange. She claims that she has been attending business meetings and took some time off during the previous week.

Latest Casualties in Chinese Stock Market's Fall: 28 Firms Withdraw IPO Launch

Benjie Batanes |

Jul 06, 2015 09:00 AM EDT

A report by the country's exchange officials published on Saturday said that a total of 28 companies have withdrawn their initial public offerings (IPO) from the Chinese stock market mainly because of the market's bearish condition.