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An IP editor whom I suspect has a conflict of interest made some edits to this page recently which deleted a large amount of sourced content and replaced it with unsourced content. I have partially reverted these changes:
Hopu is now the largest private equity fund in China --- needs a source. I left this in but marked it with a {{fact}} tag.
He was one of the fastest rising investment banker in Asia --- unsupported by the reference cited
Ong did not take the written Chinese language examination required to take up his new position --- from [1], the explanation is "didn't write Chinese well enough to take a mandatory test for senior managers". It doesn't say he failed it (my mistake); but it does say that he writes Chinese poorly, Also the China Economic Review article explicitly states that he failed the examination.
However many CEOs, deputy CEOs of local chinese securities companies such as CICC, Guotai, were not able to pass the CSRC examination as well, but were given waivers. --- the specific companies are not sourced, but the general idea is. I have removed the company names but left the rest of the statement.
Deletion of sources in the third paragraph about Ong's family ties --- reverted, of course. Deleting sourced information because you find it negative is unacceptable.
total demand of US$4.5 billion for Hopu --- needs a source, removed for now.
Hopu became the largest private equity fund in China with US$2.5 billion. Hopu early success demonstrated by its two investments - Lung Ming iron ore company in Mongolia and Bank of China. Both investments rumored to have generated over 40% IRR for its investors. Ong led a US$300 million investment in Lung Ming and US$700 million investment in Bank of China. This content doesn't really belong here; it is unsourced and is not about Ong himself. Someone should create a new page about the Hopu Fund instead.
