On 15 November 2024, CHI CSRC took over Hehe Futures for governance fails.
- CHI CSRC took over Hehe Futures Co Ltd from 15 November 2024 to 14 November 2025, due to severe governance issues and loss of management control that pose significant risks.
- A takeover team has been formed to operate Hehe Futures during the takeover period.
- Client transactions remain unaffected, and funds can be deposited/withdrawn normally.
- CHI CSRC answered reporters' questions re the takeover; said governance issues at Hehe Futures are isolated, and that this takeover aims to prevent risk spillovers.
