Zhang also urged the Chinese government to grant the public access to property transaction records in order to fight corruption.
Soho shares plunged this week amid rumours accusing Zhang and Pan Shiyi, her husband and chairman of Soho, of working with Gong to turn a profit.
“I believe that honesty is the building block of all human virtues,” Zhang said in a statement. “This serves as the guiding philosphy for how I live my life, educate my children and manage Soho China.”
“The government should roll out a property transaction records information system,” she added. “This will ensure every transaction is public and everyone can monitor corruption.”
Pan had cultivated an excellent relationship with his Shanxi clients - who had contributed to 40 per cent of the company’s sales revenue at one point in 2006, the report said.