"'Weapon Attack' Ma Yun's Close Billionaire Friend Offers 1.4 Billion Won Reward for Informant"

Chen Fenglei "Reward for criminal information is 1.4 billion KRW, more money for information on masterminds"
Person who likes to show off wealth... Noted for close friendship with Ma Yun

On the 14th, Hong Kong billionaire Chen Fenglei (錢峰雷, 44) was attacked by three assailants in the heart of downtown Hong Kong. Photo by Weibo capture.

[Asia Economy Reporter Kim Bong-joo] Chen Fenglei (44), a mainland Chinese billionaire who was attacked by three assailants wielding weapons in front of Hong Kong's most luxurious club late at night, has offered a reward of 1.4 billion KRW to find the perpetrators.

According to the South China Morning Post (SCMP) on the 17th, Chen Fenglei, a businessman who was attacked by assailants while walking out of the Dynasty Club next to the Hyatt Hotel in Wan Chai, Hong Kong on the 14th, announced on his Weibo that he would distribute a total of 10 million Hong Kong dollars (approximately 1.4 billion KRW) to those who provide information about the criminals.

Chen Fenglei declared that he would share this money with those who provide reliable information about the three assailants who attacked him and the driver of the car they used to escape, totaling four people, and that he would pay even more to those who provide decisive information about the masterminds behind the attack.

On the 14th, Hong Kong billionaire Chen Fenglei (錢峰雷, 44) was attacked by three assailants in the heart of downtown Hong Kong. Photo by Ming Pao, Hong Kong.

Chen Fenglei also stated that, separate from the reward for information on the perpetrators, he would double the reward for information on anyone threatening national security or Hong Kong's stability.

On the day of the incident, Chen Fenglei was stabbed in the arm and leg by the assailants' knives, and after escaping the scene with the help of his driver, he was taken to a hospital for treatment and has since been discharged.

The moment of Chen Fenglei's attack, captured by the Dynasty Club's security cameras, lasted only about 30 seconds. The assailants rushed at Chen Fenglei as he was walking out of the club, attacked him, and then immediately fled by car.

The Hong Kong police are pursuing the whereabouts of the fugitives but have not yet reported any progress.

Chen Fenglei is the Chairman of Universal International Holdings Hong Kong and is known to be a close friend of Alibaba founder Jack Ma (Ma Yun), who faced the suspension of Ant Group's IPO after recently criticizing Chinese authorities. The photo shows Jack Ma (left) and Chen Fenglei (right) together during Alibaba's New York IPO in 2014. Photo by Chen Fenglei Weibo capture.

Chen Fenglei is the chairman of Universal International Holdings Hong Kong and is known to be a close friend of Alibaba founder Jack Ma (Ma Yun), who recently faced the suspension of Ant Group's IPO after criticizing Chinese authorities.

Chen Fenglei is known for his displays of wealth, having donated 10 million yuan (approximately 1.68 billion KRW) personally during the Wenchuan and Yushu earthquakes and the floods in his hometown Ningbo, and for purchasing expensive items at public auctions in Hong Kong.

Nicknamed "Qian Duoduo" (錢多多), meaning "lots of money," Chen Fenglei attracted foreign media attention through this incident due to his close friendship with Jack Ma.

Meanwhile, Jack Ma, at the "Waitan Financial Summit" held in Shanghai on the 24th of last month, compared Chinese banks to pawnshops that only require collateral and guarantees, pointing out that "the pawnshop spirit of Chinese finance is the most serious problem."

In response, Chinese financial authorities summoned Jack Ma and Ant Group executives on the 2nd for a kind of warning meeting called a "yue tan" (約談, interview), and the next day, they suspended Ant Group's IPO, which had attracted 3,400 trillion KRW. The Wall Street Journal (WSJ) reported that "the suspension of Ant Group's IPO was directly ordered by Chinese President Xi Jinping, who was enraged after receiving a report on Jack Ma's speech."

This content was produced with the assistance of AI translation services.