【Under Qian Tao's Leadership】Wuji Capital Files Notice of Increased Holdings of 220 Million Weimob Shares, Then Immediately Sells 330 Million Shares - Involves Swap Transactions - Previously Reported to be Under SFC and ICAC Investigation

SocialAnxietyStaker · 2026-03-24T10:16:43+00:00

Infinite Capital founder Qian Tao is suspected of being investigated by the Independent Commission Against Corruption and the Securities and Futures Commission. The hedge fund increased its stake in Weimob to 13.79% on March 16, subsequently reduced its position between March 17-20, with the final stake declining to 5.82%. The transaction was a swap-type trade.

SocialAnxietyStaker

2026-03-24 10:16:43

Abstract generation in progress

Former Morgan Stanley banker Qian Tao’s hedge fund, Infini Capital, is rumored to be involved in investigations by the ICAC and the SFC. The publicly traded Infini Capital filed a report on Tuesday (24th) indicating that on March 16, it increased its holdings of Weimob (02013) by 223 million shares, at a price of HKD 1.7067 per share, raising its stake from 8.39% to 13.79%, involving HKD 380 million. Subsequently, on March 17, 18, and 20, it reduced its holdings by a total of 329 million shares, with an average price of HKD 1.7819, HKD 1.686, and HKD 1.762 per share respectively, involving HKD 563 million. Its final shareholding dropped to 5.82%.

Infini Capital reported that the above transactions were swaps.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.