浙金中心200亿爆雷事件持续发酵：多名维权投资人遭抓捕（2025.12.12）

Описание:

On Friday, December 12, 2025, the 20‑billion‑yuan “Zhejiang Finance Center” crisis continued to unfold as a large group of investors gathered outside the company’s office in Hangzhou, hoping the government would provide a clear solution. Instead, they were met by riot police, leading to a clash in which several investors were beaten and many were taken away by authorities, their whereabouts unknown. The crisis, involving over 20 billion yuan and nearly ten thousand investors, began with a payment failure at the end of November and escalated into a city‑wide protest over the following week. Investors have been moving between the Shaoxing municipal government, the Zhejiang provincial government, and other authorities, yet have received no definitive answers. One protest leader lamented that the government’s 2024 state‑owned asset exit had been announced without a full disclosure or an exit mechanism for ordinary investors, leaving them trapped and forced to sell their products to uninformed citizens. The core of the crisis lies in the withdrawal of state‑owned shareholders from Zhejiang Finance Center, which was originally founded in 2013 with strong state backing. In October 2024, the provincial financial authority revoked the company’s asset‑trading license, and in January 2025 the company was quietly renamed Hangzhou Minzhi Investment Management Co., with a private holding of 58.57 %. Most ordinary investors were unaware of these changes and continued to believe they were investing in a stable state‑owned platform. The immediate trigger was the collapse of the funding chain of the Xiangyuan Holding Group, the main financier of the center. The center’s later‑issued “stable‑investment” products, supposedly backed by Xiangyuan and offering 4‑5 % annual returns, were largely tied to Xiangyuan’s real‑estate projects. As the property market fell, sales stalled, and payments fell, Xiangyuan’s debt spiral widened, ultimately breaking the funding chain. By the end of November 2025, hundreds of products linked to Xiangyuan defaulted on the Zhejiang Finance Center app, which then disabled withdrawals and even displayed false “funds received” notifications. The three listed companies under Xiangyuan quickly issued statements distancing themselves, but the market did not accept the explanation, and their stock prices fell on December 12. As of the afternoon of December 12, no substantive repayment plan had been announced, and the investors’ fight for redress continues.