Che Feng

Che Feng (Chinese: 车峰; born 1970) is a Chinese business mogul and the son-in-law of former People's Bank of China governor Dai Xianglong. He is currently under investigation by the authorities, suspected of corruption.

Biography

Born in Hefei, Anhui province, Che was the third of three sons of a former soldier of the People's Liberation Army. He received a middle school education. In his youth, Che arrived in Shanghai to run a small business selling clothing. He met Dai Rong, daughter of Dai Xianglong, who became attracted to Che due to his sturdy build and height. Through his political connections, Che moved into the real estate business in Shanghai and Hainan. In 2004, Che secured a loan worth over 200 million yuan and collaborated with Hopson Development to build a 34-story office building in the Lujiazui financial district of Shanghai.^[1]

By 2015, Che had controlled some 30 companies and was a highly recognized name in Chinese investment circles. Che was reported to hold a large stake in the Hong Kong Stock Exchange-listed production company Digital Domain.^[2]

Che was said to have purchased – through a series of complex arrangements and financing through debt – the original shares of Haitong Securities and Ping'an Insurance in a case that not only implicated his father-in-law Dai Xianglong, but also was linked to the family and associates of then Chinese Premier Wen Jiabao. Upon the respective company's initial public offerings, Che was said to have gained a total sum of 8.8 billion yuan (~$1.3 billion).^[3]

Che was also linked to Zeng Wei, son of Zeng Qinghong.^[3]

Che was a major player in one of the most lurid corruption scandals during the anti-corruption crackdown under Xi Jinping. Che was said to have leveraged various shell companies based in the British Virgin Islands to perform complex corporate maneuvers. He relied on support from former state intelligence official Ma Jian, who was introduced to Che by another renowned business mogul Guo Wengui; it was said that Che helped inject some 600 millinon yuan of cash to Guo's fledgling investments and the two became good friends.^[3] It was said that the Ma Jian case opened way for the Central Commission for Discipline Inspection to investigate Che.^[4]

Che was placed under investigation on June 2, 2015, on a trip to Beijing. Prior to that, he resided mostly in Hong Kong.^[1]

References

Anti-corruption campaign in China (2013–)

Campaign oversight

Xi Jinping (CPC General Secretary)
Wang Qishan (Central Commission for Discipline Inspection Secretary)
Zhao Hongzhu (CCDI Deputy Secretary)
Du Jincai (Military Discipline Secretary)
Central Leading Group for Inspection Work

Implicated people
(full list)

Central Committee members (incl. alternates)	Zhou Yongkang^PB Guo Boxiong^{PB; PLA} Xu Caihou^{PB; PLA} Ling Jihua Su Rong Zhou Benshun Wang Min (王珉) Su Shulin Yang Dongliang Yang Jinshan^PLA Li Dongsheng Jiang Jiemin Bai Enpei Zhu Mingguo Tian Xiusi^PLA Huang Xingguo Li Chuncheng Chen Chuanping Pan Yiyang Wan Qingliang Wang Min (王敏) Wang Yongchun Yang Weize Yang Gang Qiu He Yu Yuanhui Lü Xiwen Li Yunfeng

Central organs and State-owned enterprises	Cai Xiyou Chang Xiaobing Dai Chunning Deng Qilin He Jiacheng Jiang Jiemin Li Dongsheng Li Hualin Liao Yongyuan Liu Tienan Qi Pingjing Shen Dingcheng Shen Weichen^CDI Si Xianmin Song Lin Sun Hongzhi Sun Zhaoxue Wang Shuaiting Wang Tianpu Wang Yongchun Xi Xiaoming Xiao Tian Xu Jianyi Xu Jie Xu Yongsheng Yang Gang Yao Gang Yao Zhongmin Yi Junqing Zhang Lijun Zhang Yun Zhu Fushou

Officials of Provincial-ministerial rank¹ (incl. sub-provincial)	Ai Baojun Bai Xueshan Bai Yun Cao Jianfang Chen Anzhong Chen Baihuai Chen Shulong Chen Tiexin Chen Xuefeng Du Shanxue Fan Jian Fu Xiaoguang Gai Ruyin Gong Qinggai Gu Chunli Guo Yongxiang Guo Youming Han Xiancong Han Xuejian Han Zhiran He Jiatie^CDI Ji Jianye Ji Wenlin Jin Daoming Jing Chunhua Kong Lingzhong Lai Derong Le Dake Li Chengyun Li Chongxi Li Daqiu Li Jia (李嘉) Li Zhi Liang Bin^CDI Liao Shaohua Ling Zhengce Liu Lizu Liu Zhigeng Liu Zhiyong Lu Wucheng Lu Ziyue Ma Jian Mao Xiaobing Ni Fake Nie Chunyu Qin Yuhai Ren Runhou Shen Peiping Si Xinliang Su Hongzhang Sui Fengfu Sun Qingyun Tan Li Tan Qiwei Tong Mingqian Wang Bao'an Wang Suyi Wang Yang Wei Hong Wu Changshun Wu Tianjun Wu Yongwen Xu Aimin Xu Gang Yan Shiyuan Yang Baohua Yang Luyu Yang Zhenchao Yao Mugen Yin Hailin Zhang Lifu Zhang Tianxin Zhang Yue Zhang Wenxiong Zhao Liping Zhao Shaolin Zhao Zhiyong Zheng Yuzhuo Zhu Zuoli

Generals of the military²	Cai Guangliao Chen Qiang Dai Weimin Deng Ruihua Dong Mingxiang Duan Tianjie Fan Changmi Fang Wenping Fu Linguo Fu Yi Gao Xiaoyan Gu Junshan Guo Boxiong Guo Zhenggang Jiang Zhonghua Kou Tie Liu Zhanqi Liu Zheng Ma Faxiang Tian Xiusi Wang Minggui Wang Yu Wang Yufa Wei Jin Xu Caihou Yang Jinshan Ye Wanyong Yu Daqing Zhan Guoqiao Zhan Jun Zhang Daixin Zhang Qibin Zhang Wansong Zhou Guotai Zhou Minggui

Officials at Prefecture-level rank¹ or below	Adil Nurmemet Cao Jianliao Chen Gui Chen Wei Chu Zhongzhi Cong Wenjing Dong Hongyun Du Hu Fang Xiping Feng Lixiang Gao Jinsong Gong Weiguo Guo Yipin He Jinming Hou Fengqi Huo Ke Jiang Shan Jiang Zunyu Lan Jun Lei Zhengfu Li Jia (李佳) Li Lianyu Li Qiang Li Xi Li Yilong Liang Guoying Liang Yimin Lin Qiang Liu Guanglong Liu Suiji Ma Chaoqun Ma Yong Qi Jinli Qin Jianxiao Tan Hong Tang Aijun Tian Yubao Zou Taixin Wang Jianguo Wang Maoshe Wang Ning Wei Junxing Wu Jide Wu Jun Xu Mengjia Yang Xiaobo Yang Xin Yu Gang Zhang Kunsheng Zhang Lebin Zhang Qingjun Zhang Xiuping Zheng Xuebi Zhong Shijian^CDI Zhou Liangen

Business and media	Che Feng Gu Xin Guo Wengui Liu Han Mao Xiaofeng Rui Chenggang Xu Xiang Ye Yingchun

^PB Former member of the Politburo; ^PLA Also a military official; ^CDI Member of the Central Commission for Discipline Inspection or affiliates
¹For details on the civil service ranks of officials, please see Civil Service of the People's Republic of China;
²Army generals listed have attained at least the rank of Major General, which usually enjoys the same administrative privileges as a civilian official of sub-provincial rank.

This article is issued from Wikipedia - version of the 6/4/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.