The Shenzhen Securities Regulatory Bureau issued a warning letter to Liu Qi of Desheng Capital, saying that the company had promised investors a minimum return violation

Zhitong Finance APP learned that on October 29, the Shenzhen Securities Regulatory Bureau issued a warning letter to Liu Qi, the legal representative, executive director and general manager of Shenzhen Qianhai Desheng Capital Investment Management Co., Ltd. (hereinafter referred to as Desheng Capital). After investigation, Desheng Capital engaged in private fund business activities, and there was a situation that after the completion of the private fund product offering, it did not go through the filing procedures with the Asset Management Association of China and promised investors a minimum return, which violated the relevant regulations. As the legal representative, executive director and general manager of Desheng Capital, Liu Qi is responsible for the above-mentioned violations of the company.