China's Fashion Magnet Zhou-chengjian Goes "Missing," Reported In Police Custody

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Mark Melin
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Another of China’s shining stars of capitalism, the billionaire founder of Metersbonwe, one of the nation’s best known fashion brands, has gone missing, believed to be yet another victim of a Chinese “investigation” into fraud and corruption. Trading in Metersbonwe shares was suspended on the Shenzhen stock exchange as Chinese media reports swirled that Zhou Chengjian, the 65th most wealthy man in the nation, with nearly a $4 billion net worth, was taken into police custody. Zhou Chengjian founded leading Chinese fashion brand, was 65th richest in China   The company was unable to reach Zhou or the secretary of…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.