(Shanghai Comprehensive News) The office of the global advertising giant WPP company in Shanghai was reportedly searched, and one executive and two former employees were also detained.
The Financial Times Friday (October 20) quoted people familiar with the matter report that a senior management of Qunyi Group was detained and accepted further questions. The content was related to the work of the group employees.
People familiar with the matter said that the Chinese police also talked to other managers in the search operation, including Patrick XU, who served as the CEO of Qunyi Group since 2017.
Bloomberg Saturday (21st) quoted the news of the two people familiar with the matter, saying that the two former employees of Qunyi were also detained.
Qunyi Group is headquartered in New York, USA. It is one of the world's largest media investment management companies. The operating amount accounts for about one -third of the annual income of the parent company's WPP Group.
It is not clear why Qunyi has been searched, and the Chinese office in London did not respond to Peng Bozhi's request, and WPP did not comment.On the occasion of anti -spy operations in China, several foreign companies operating in China this year were questioned or the office was searched, causing foreign investment to worry about operating in China.
At the end of March, China conducted a raid search for the Beijing Office of Mintz Group, a US due to due diligence company, ended the company's local business and detained five Chinese employees.In April, the US consulting company Bain was searched at the Shanghai Office, and employees were also questioned.
China National Security Department adopted law enforcement operations on Capvision, Capvision, in May.Earlier this month, Kaisheng Rongying said that it had passed the national security synthesis and regulations.
