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China Politician in Pandora Leak Had Firm to Trade U.S. Stocks

Oct. 4, 2021, 8:47 AM

China’s only politician to be named in a sprawling investigation of millions of confidential financial documents known as the Pandora Papers is a female entrepreneur who the report says set up an offshore firm to trade U.S. stocks.

Feng Qiya, a delegate to China’s annual parliamentary pageant, the National People’s Congress, in 2016 set up an offshore company in the British Virgin Islands called Linkhigh Trading Ltd. to make the transactions, according to the International Consortium of Investigative Journalists.

The company had $2 million in assets and was registered with the U.S. Securities and Exchange Commission, but is currently inactive, ...