Industrials, Financials, Healthcare Nov 29, 2021 10:39 AM (GMT+8) · EqualOcean
Cailian, November 29 (Xinhua) -- the reporter learned from authoritative sources that Xue Feng, former chairman of Everbright Securities, was taken away by relevant parties for investigation a few months ago. The core cause may involve the previously popular star cross-border M & A Case - the acquisition of MPS (MP & Silva holding S.A.) by storm group. The MPS project exposed risks in February 2019. Two months later, Xue Feng resigned as chairman of Everbright Securities. Since then, the latest information about Xue Feng has not been reported in the newspapers. According to people familiar with the matter, Xue Feng has been ill since his resignation to help investigate the MPS incident.