Man Group China chief Li Yifei back home after meeting with Chinese authorities

Li Yifei,  country chairwoman of Man Group’s China  unit, whose disappearance from  public  view last week fuelled suspicions about  a role in a stock market rout, has returned home after meeting authorities, according to her husband.

Wang Chaoyong,  Li’s husband, told the South China Morning Post yesterday that she was dismissed from the meeting several days ago and the couple then went on holiday to Sichuan . “The meeting is already finished,” Wang said on Sunday. “We were together these last few days to have a holiday.”

Li said on her microblog on Sunday afternoon that she “had a good rest” during the break.  

On August 31, Li, China chairwoman for Man, one of the world’s largest hedge funds, was reported to have been taken away by mainland authorities to assist with an investigation, heightening speculation that Beijing was targeting foreign institutions for suspicious trades during a boom-to-bust cycle on the A-share market.

Her husband denied the report at that time, saying she was called by relevant authorities to discuss some issues about the development of the securities industry.

Read more: Mystery at Man Group

Last Thursday, the Post reported that there was no probe against Li.