Hedge Funds

The ‘Carl Icahn Of China’ Is Going To Jail

by fortune.com posted 4years ago 471 views
<p data-reactid="217">A Chinese billionaire often called &quot;China&#39;s Carl Icahn&quot; will go to prison for his role in crashing his country&#39;s stock market.</p> <p data-reactid="219">Xu Xiang, a&nbsp;<a data-reactid="221" href="http://fortune.com/2015/11/02/china-arrests-another-market-guru-amid-probe-into-stock-debacle/" target="_blank">renowned hedge fund manager</a>&nbsp;who ran Shanghai Zexi Investment, was sentenced to five and a half years in jail, a Chinese court announced Monday on its Weibo blog page.</p>

In this article