Caixin reported that Qian Fenglei, who is regarded as a friend of Jack Ma, and several companies under his actual control, including Hengfeng International, are suspected of selling multiple collective investment plans to the public in Hong Kong that have not been recognized by the Hong Kong Securities Regulatory Commission. Tens of thousands of people have suffered financial losses, and some have reported cases to mainland public security organs. The victims hope that the Hong Kong Securities Regulatory Commission will take the initiative to investigate. Caixin survey found that a large number of mainland Chinese people participated, with one sales group having over 120000 people. According to previous reports, Cao Guowei, Cai Wensheng, Zeng Fanzhi, Li Lin, Shen Guojun, Yu Guoxiang, Lin Jiali, Wu Guangming, and others are also investors in the project. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=45858