Wang Jie, the CEO and general manager of Global Wealth Investment in Beijing, remained hospitalized on Wednesday after suffering a 15-centimeter-long stab wound from one of his investors. The attacker was reported to have acted normally before pulling out a knife and stabbing the CEO at a meeting on Sunday, according to Yahoo! News.
The suspect, who was reported to be in his 20s, was said to have invested about 300,000 yuan (about $47,460.84) in Global Wealth's products. Sitting beside the CEO, the young investor waited for his chance, then stabbed Jie in the shoulder with a knife.
The CEO was quickly rushed to the hospital but remained in a coma due to his injuries. Chinese authorities have not yet released a statement about the incident.
Global Wealth Investment used to be a credible company in Beijing, employing more than 200 people and managing more than 700,000 million yuan in assets. Most of the company's clients were confident in the company due to the fact that it was backed by Hebei Financing Investment Guarantee Group, one of China's most prominent state-backed credit guarantors, reports Reuters.
However, Hebei decided to refuse its commitment to Global Wealth, forcing the company to default on its clients.
"Hebei Financing defaulted on us, and we defaulted on our clients. We could not see any hope that Hebei Financing would compensate us," a representative of Global Wealth said.
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