DeepSeek母公司员工6年套取上亿元被抓

Core Viewpoint - The recent commission scandal involving Huafang Quantitative, a leading domestic quantitative private equity firm, has raised significant market attention due to the involvement of its market director, Li Cheng, and the substantial amount of 118 million yuan over six years [1][2]. Group 1: Case Details - Li Cheng is under investigation for allegedly colluding with a brokerage manager to fabricate broker identities, directing Huafang Quantitative's trades to a designated brokerage, and extracting performance bonuses under a commission-sharing scheme, totaling 118 million yuan from 2018 to 2023 [2]. - Over 20 million yuan of the total amount has reportedly flowed to Li Cheng, and several individuals involved have been handed over to judicial authorities [2]. Group 2: Company Response - Huafang Quantitative has stated that Li Cheng's actions were personal and not representative of the company's practices, asserting that the company was unaware of any commission-sharing activities and has not been contacted by regulatory bodies [3]. - The company emphasized that all its cooperation channels operate under the same fee structure, which is considered to be at a relatively low level within the industry [3]. Group 3: Industry Context - The concept of "brokerage commission rebates" typically involves brokers returning a portion of commissions to investors based on trading volume, which can lead to conflicts of interest and corruption issues [4]. - In the competitive landscape of quantitative private equity, many firms engage in high-frequency trading, where commissions can be substantial, and rebates are often negotiated [5]. - The emergence of new "Four Kings" in the quantitative private equity sector, including Huafang, reflects a growing trend in the industry, with firms managing between 60 billion to 70 billion yuan [7].