证券业大佬管金生去世

Core Viewpoint - The article discusses the life and contributions of Guan Jinsheng, a pioneer in the Chinese securities industry, who recently passed away. His legacy includes founding Wan Guo Securities and later establishing Shanghai Jiusong Shanhe Equity Investment Fund Management Co., Ltd. [2][3] Group 1: Early Life and Education - Guan Jinsheng was born on May 19, 1947, in a poor village in Jiangxi Province. He excelled academically and entered Shanghai International Studies University in 1982, later working at Shanghai International Trust Investment Company. [4] - His international education included studying at the Free University of Brussels, earning dual master's degrees in law and business administration, which was rare in early 1980s China. [5] Group 2: Career Achievements - In 1988, Guan Jinsheng founded Wan Guo Securities, the first securities company in Shanghai, with a capital of 35 million RMB from ten shareholders. He led the company to significant growth, achieving an operating revenue of 300 million RMB by 1989. [5][6] - He was instrumental in establishing the Shanghai Stock Exchange and designed its trading rules and systems, promoting innovations like paperless trading. [6][7] - At its peak, Wan Guo Securities held all domestic B shares and managed over 70% of A shares, with underwriting business accounting for 60% of the market share in China. [7] Group 3: Challenges and Downfall - The "327 bond incident" in 1995 marked a significant downturn for Guan Jinsheng and Wan Guo Securities. The company faced massive losses due to a failed short-selling strategy, leading to Guan's resignation and subsequent legal troubles. [8][12] - Following the incident, Wan Guo Securities merged with another firm, and Guan was sentenced to 17 years in prison for embezzlement and misappropriation of funds. [14][15] Group 4: Later Career and Legacy - After his release, Guan Jinsheng returned to the financial sector by founding Shanghai Jiusong Shanhe Equity Investment Fund Management Co., Ltd. in 2016, focusing on private equity investments in technology and industry upgrades. [16] - His contributions to the financial industry and the training of talent have left a lasting impact on the development of China's capital markets. [2][3]