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Hinman and the Chinese government.


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The paper trail between the Chinese money and corruption in the highest ranks of the SEC couldn't be clearer?





Celia Lam is the vital bridge between Leiming Chen, Simpson Thacher and the Chinese government.


• Since 1993, Lam has advised dozens of Chinese state-owned banks, telecom companies, and oil and gas companies on their mergers and initial public offerings.


• Simpson Thacher’s website proudly provides a list of her clients, which includes many of the most important companies in China.


• No other lawyer has been as intimately involved in CCP big business as Lam. In a country where loyalty to the regime is everything, that can’t be an accident.

When Simpson Thacher decided to expand its presence in China, it knew that an insider like Lam was worth her weight in gold. Chen’s connections made recruiting her possible.


• Lam has worked with Chen since at least 2005 when they both advised China’s Bank of Communications on its IPO, the first-ever Hong Kong listing by a Chinese bank.


• When Simpson Thacher opened its Hong Kong practice in 2011, Chen poached Lam from her previous firm, sayingthat he had worked with her “on numerous transactions in the China market” and that her “great skill and depth of experience” made her crucial to Simpson Thacher’s ambitions.


• By the time the 2014 Alibaba IPO publicly united Jay Clayton, William Hinman, Jack Ma and Leiming Chen, Lam was firmly in place at Simpson Thacher.

Even outside of Simpson Thacher, Lam is deeply involved in Chinese business. She is a Vice Deputy on the Takeovers and Mergers Panel of the Hong Kong Securities and Futures Commission, which gives her a direct say in the regulation of many CCP-controlled companies.


When Chen joined Ant Group/Alipay in 2016, Lam replaced him as head of Simpson Thacher’s China practice. Since then, Lam and Chen have clearly remained close, with Chen funneling Ant Group’s most important business to the firm. Remember, as Simpson Thacher is receiving all of this Chinese money, they are simultaneously paying millions to Hinman during his tenure at Clayton’s SEC.


• In 2018, Lam helped Ant Group raise $14 billion, fueling the development and international expansion of Alipay.


• In 2020, Ant Group picked Simpson Thacher to lead its $35 billion IPO.


There is little doubt that Lam and Chen are closely intertwined and have worked to aggressively build the Simpson ThacherAlibaba connection. For now, let’s dive further into Chen and look at how he has become integral to the success of the surveillance state that accompanies the digital yuan.



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The Disappearance of Leiming Chen

Let’s circle back to the man linking Hinman to China – LeimingChen. After leaving Simpson Thacher in 2016, Chen joined Ant Group as a Senior Vice President. We will expose his work there soon. First, let’s fast forward to last month’s DiDi IPO fiasco.

In early July, the Chinese Communist Party punished DiDi for skirting around its regulatory authority and used its rogue IPO as excuse to further clamp down on all of China’s tech giants.

Where was Leiming Chen during all of this action? No one knows. Chen had, in fact, disappeared.

As soon as the crackdown on DiDi happened, Chen’s profile was removed from Ant Group’s leadership page. (An older version is preserved here.)

Simpson Thacher, which represented underwriters on the DiDiIPO, was apparently asked by Beijing to do the same. On the same day that Ant Group scrubbed all mentions of Chen on their website, Simpson Thacher erased Chen’s profile and replaced it with a ‘former partners’ page that omits all details of his prior work. Records of his involvement can still be found if you go to the firm’s news page and search for Leiming Chen, but don’t be surprised if the 110 results available at the time this piece was posted are quickly scrubbed of his name.

Why did Simpson Thacher collude with Ant Group to hide Chen? Is the Chinese Communist Party worried that information linking him to influence operations is starting to get out? Did he **** off Xi Jiping and is he being forced into submission like Jack Ma before him? Was he shuffled into a secret role at Ant Group? In any case, it is clear that Chen’s current and former associates worked in tandem to make him disappear just as XRP army investigators are closing in his central role in the conflicts of interest that William Hinman and Jay Clayton while they served at the SEC.

Wondering how this all ties back to Simpson Thacher and the SEC? Next, we will look at how William Hinman’s law firm bends to the will of Chinese state owned companies to help the CCP achieve its long-term strategic goals, and makes a fortune doing it.

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11 hours ago, HAL1000 said:

And more about China:-

Opinion: Wall Street is failing to protect American investors from the Chinese Communist Party


No mention from this writer of the open corruption but Hinman and Clayton in SEC's own ranks, but they do mention that Gensler has failed to step up to the mark and show any sort of leadership on this issue of Chinese corruption in American markets.   The Chinese are running rings around SEC and Gensler seems to be doing nothing useful about it, the media hardly reports it, Yellen and co spend their time in office raking in personal profits!

The media need to up their game.

Edited by Julian_Williams
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