Characters experience, Xu Xiang: 1978, Xu Xiang was born in an ordinary family; 1993 entered the market with tens of thousands of yuan from home. 18 years old, give up the college entrance examination and concentrate on the stock market. At the end of 1990s, Xu Xiang and several friends who were good at short-term work were named "Ningbo Daily Death Squad" by the market, and their investment style was tough. The stocks selected by the "death squads" have experienced ups and downs. This group of people is centered on the business department of Jiefang South Road, Ningbo, Galaxy Securities, with about 20 members. After more than 20 years, through excellent performance, it gradually conquered investors in Zhejiang, Shanghai and even the whole country. In 2005, Xu Xiang moved from Ningbo to Shanghai and experienced a bull market in 2007-2008. On June 7, 2009, Xu Xiang established Zexi Investment Management Co., Ltd. with a registered capital of 30 million yuan. Among the historical figures in China, Xu Xiang worshipped Mao Zedong, who founded the new China, and Emperor Kangxi, who led the prosperous times of the Qing Dynasty, so he named the company Zexi.
2015165438+10/0, Xu Xiang went back to Ningbo to celebrate her grandmother's birthday. Xu Xiang, wearing a white Armani suit, was arrested on the Hangzhou Bay Bridge in Ningbo. 20 16 12.5, the Xu Xiang case began to be heard, and Xu Xiang was accused of manipulating the securities market for about 40 billion yuan, and his personal profit was more than 65,438 billion yuan. Xu Xiang and others pleaded guilty as defendants. 2017 65438+1October 23rd, the first-instance judgment was settled. This court trial found that during the period from 20 10 to 20 15, Xu Xiang, either alone or together with the defendants Wang Wei and Zhu Yong, used or worked with the directors or actual controllers of 13 listed companies to create favorable news, raise the stock price, and then bought and sold at low prices through block transactions, thus making profits. Xu Xiang, Wang Wei and Zhu Yong made huge profits by manipulating the stock market. Xu Xiang and Wang Wei are the principal criminals and play a major role; Zhu Yong is an accessory and plays a secondary role. Considering that Wang Wei and Zhu Yong surrendered themselves, the court fined Wang Wei 654.38 billion yuan and Zhu Yong 50 million yuan. According to sohu finance news, Xu Lanting, the defense lawyer of Wang Wei's case, confirmed that Xu Xiang, who did not surrender, was fined 1, 654,380 billion yuan. Whether Xu Xiang will appeal depends on Xu Xiang's own wishes, and the result will be available within a week.