China Business News reporter cross-checked from multiple sources, and Wang Qiang, the younger brother of Wang Bin, the former chairman of China Life Insurance, lost contact.
Wang Qiang was the chairman of the board of Huarong Financial Holdings.
According to people in the Chinese financial circle in Hong Kong, since Wang Qiang took office in Huarong Financial Holdings in 2016, he has basically worked in Hong Kong and rarely returned to the mainland.
Wang Qiang has publicly stated that he is no longer a mainland identity,
"I don't know if it is a Hong Kong citizen or not. Most of his family members and assets are in Hong Kong."
A person in Hong Kong who has dealt with him a lot said.
According to reports from acquaintances around Wang Qiang, Wang Qiang returned to Beijing from Hong Kong after New Year's Day this year, and has not been able to contact him since.
Wang Qiang served as the vice president and president of Huarong Financial Holdings, and was promoted to the chairman of the board of directors of Huarong Financial Holdings in April 2017.
According to public information, in November 2018, Wang Qiang resigned as the chairman of the board of Huarong Financial Holdings.
On January 8, the website of the Central Commission for Discipline Inspection and the State Supervision Commission announced that Wang Bin was under investigation.
Whether Wang Qiang lost contact with his brother Wang Bin is still unknown.
Various sources indicate that Wang Bin's investigation was related to his actions during his tenure as chairman of China Taiping Insurance Group (hereinafter referred to as: Taiping Group).
Wang Bin and Lai Xiaomin, the former chairman of Huarong Group, have had a close relationship, so Taiping Group and Huarong Group have many overlaps in personnel and business.
Wang Bin's younger brother, Wang Qiang, had "two in and two outs" in Huarong Group. According to media reports, Wang Qiang was able to resign successfully after the Lai Xiaomin case and leave Huarong Group, also under the coordination of Wang Bin.
Wang Qiang's resume shows that he has held management positions in Southern Securities, and served as the general manager of the Chengdu Management Headquarters of Southern Securities and the general manager of the Guangzhou branch.
Wang Qiang joined Huarong Group in 2009.
The reporter learned from the Chinese financial circle in Hong Kong that Wang Qiang once stated in many public occasions that after Lai Xiaomin's accident, Huarong Group's various levels and branches in Hong Kong were taken away, but Huarong Financial Holdings has never been taken away. Go investigate.
Quite pleased with the words.
After Wang Qiang left Huarong, he once told the circle around him that he went to work in the Cuilin Investment Group in Shenzhen, but the reporter learned from the Cuilin Group that Wang Qiang had never appeared in the management of the Cuilin Group.
Huarong Financial Holdings is one of the three listing platforms of Huarong Group and is now one of the two listing platforms of Huarong Group.
After Lai Xiaomin was investigated, the Huarong Department was rectified.
In November 2020, Huarong Financial Holdings privatized Huarong Investment, another listed company of Huarong, and delisted Huarong Investment through a contractual arrangement.
The predecessor of the listed company Huarong Financial Holdings was Tianxing International, which was controlled by Ji Xiaobo, a "casino tycoon" who was well-known in the Hong Kong and Macau gaming and entertainment circles.
In October 2014, Huarong International went public on Tianxing International by issuing additional shares, and the company changed its name to Huarong Financial Holdings.
After Lai Xiaomin was investigated, Huarong Financial Holdings was questioned as involving the transfer of external interests in the process of backdoor listing.
In addition to Wang Qiang, Yuan Haibo, another player in Hong Kong stock capital, may be implicated by Wang Bin.
According to Caixin reports, Yuan Haibo, executive director and CEO of Huayi Tencent Entertainment Co., Ltd., suddenly lost contact around January 8, 2022. The time of this loss is close to the time when Wang Qiang lost contact.
Yuan Haibo also had an episode of "Dancing with Capital" with Huarong in the Hong Kong stock company Superman Intelligence.