China’s Chilling Effect for Investor Research; Why an unflattering analysis of a publicly listed company can land an investment researcher in jail
October 30, 2013 Leave a comment
10.29.2013 19:39
China’s Chilling Effect for Investor Research
Why an unflattering analysis of a publicly listed company can land an investment researcher in jail
By staff reporters Wang Shenlu and Zhang Bing
(Beijing) – Shanghai investor Wang Weihua’s final microblog post October 12 was brief and ominous: “The police are coming.” Three days later, Wang’s family said he’d been taken into custody by police officers who traveled more than 3,600 kilometers to Wang’s Shanghai home from Urumqi, a city in China’s far west. Police gave the family a document saying Wang was detained on charges of fabricating and disseminating false information about securities and futures trading activity. They gave no additional information. Authorities in Urumqi, capital of the Xinjiang Uyghur Autonomous Region, have yet to release details of the case against Wang. The law says they have until November 11 to decide whether to file formal charges, or have him released. Read more of this post


