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Caixin

Developer Soho China's finance chief falls under insider trading probe

Speculation wonders if case is linked to Blackstone's failed acquisition bid

Soho China says no other senior executives are "directly involved" in the investigation.   © Reuters

Police are investigating the chief financial officer of Soho China Ltd. on suspicion of insider trading of the real estate giant's shares, an exchange filing has revealed.

The probe into Ni Kuiyang adds to the company's woes, which include a core business slump and a struggle to raise funds amid an industrywide liquidity crisis.

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