Advertisement

Man Group China chairwoman Li Yifei finally reappears in public claiming she's been at a Taoist retreat

Varying accounts from husband and wife add to confusion over episode

Reading Time:2 minutes
Why you can trust SCMP
Li Yifei, chairwoman of hedge fund Man Group China. Photo: Reuters

A week after the reported disappearance of Li Yifei, chairwoman of hedge fund Man Group China who reappeared in the public view via a post on Weibo and an interview given to mainland media outlet , there seem to be more questions than answers on the entire episode.

Advertisement

While some mainland media linked Li's disappearance with investigations into Citic Securities, Li and her husband have offered varying accounts to the media on her disappearance, adding to the confusion.

Li's husband Wang Chaoyong had been quoted as saying Li had gone to London as well as attending meetings with local "relevant regulatory authorities". In his first phone interview with the on September 1, he said that Li was away at a conference on capital markets development and regulation.

At the time he said: "There are foreign as well as domestic institutions participating in this meeting. In Hong Kong, it is normal for regulatory conferences to go on for days."

"I am a CEO. She is a CEO, too. It is quite normal we don't see each other for days. I don't understand the source of all these new rumours," he said at the time.

Advertisement

On Sunday, Wang told the that Li had spent the previous week in meetings and that the couple had been visiting Sichuan to take a break.

Advertisement