China's 10 Billion Yuan Hedge Fund Hangzhou Turing Hit With Three Warning Letters in One Day; 1992-Born Female Chief and Risk Control Head Both Held Accountable
Wednesday, October 21, 2026 · first reported by finance.biggo.com
Zhejiang Securities Regulatory Bureau issued three warning letters to Hangzhou Turing, a hedge fund manager with ~10 billion yuan (~$1.5B) AUM, citing seven violations including false promotional materials, inadequate investor controls, and mixed affiliate office space; chief Wang Xiaoyan and compliance head Li Qiong held accountable.
- Also named
- Zhejiang Securities Regulatory Bureau
- People
- Wang Xiaoyan
- Asset class
- Hedge funds
- Geography
- Asia-Pacific
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Coverage
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