Li Yifei, the head of hedge fund Man Group’s China division, has insisted she was not at any time detained or compelled to attend investigative meetings with government officials over market fluctuations.
Ms Li, who was the subject of speculation last week that she or the fund were being scrutinised, told the Financial Times: “I attended several meetings recently, all business or industry related. I was not detained or forced to attend any of the meetings.”
A prominent figure in the world’s largest publicly traded hedge fund, Ms Li rejected a Bloomberg report last week that said she had been taken into custody by police in connection with a stock market probe into market volatility. Her husband, Wang Chaoyong, told the FT last week that she had not been detained.