Professional profile
About Yunfei
Finance and FinTech Counsel in Wuhan
Yunfei Shang advises platforms, fund sales channels and financial product distributors in Wuhan on money-market fund disclosure, payment-platform compliance and investor protection issues that arise when digital interfaces meet regulated products.
Mr. Shang practices at Wuhan Hexin Law Firm in Wuchang District. He earned his degree from Zhongnan University of Economics and Law and was admitted to the bar in 2016. His practice sits at the intersection of securities-related rules, payment regulation and consumer protection. He has advised on the legal structure of internet finance products sold through third-party platforms, on marketing language that can overstate safety or yield, and on complaint handling when retail investors allege they were misled.
Central China is not only a consumer market; it is also a base for regional operations centres and technology teams that support nationwide apps. That means Wuhan-based clients often face the same regulatory expectations as coastal platforms, while local enforcement contacts and court practice still matter for disputes and administrative interviews. Mr. Shang's value is practical translation: what a product screen must say, what a custody arrangement must achieve, and what evidence will be examined if a complaint escalates.
He regularly works with product, marketing and compliance teams in the same room, because disclosure failures usually come from hand-offs between those groups rather than from a single "bad actor" clause in a contract.
Disclosure for Money-Market and Similar Fund Products
Money-market funds and comparable cash-management products sold through digital platforms must meet disclosure obligations under China's Securities Investment Fund Law and related rules. Fund managers and sales channels are expected to present truthful, accurate and complete information about product nature, risks and key terms so that investors can make an informed judgment. Marketing that emphasises convenience and yield while burying liquidity, credit or interest-rate risk creates both regulatory and civil exposure.
"Fund managers and fund custodians shall disclose fund information in accordance with the provisions of this Law and the fund contracts, and shall ensure the truthfulness, accuracy and completeness of the disclosed information." — Securities Investment Fund Law of the People's Republic of China
Mr. Shang reviews marketing materials, platform interfaces, push notifications and risk disclosure statements. Recurring issues include implying deposit-like safety, using historical returns in a way that suggests future performance, and failing to explain that a money-market fund is not a bank deposit and does not guarantee principal or return. He helps clients redesign disclosure flows so that required warnings appear at decision points, not only in a remote PDF, and so that version control exists when product terms change.
Payment Platforms, Custody and Product Packaging
Mr. Shang also advises on the regulatory framework for third-party payment institutions and for platforms that intermediate between consumers and financial products. Questions typically include whether a payment licence is required for the actual cash flow, how customer reserve funds must be held, and whether the platform is acting as a pure technology channel or as a sales agent with heavier duties. He maps the product packaging: who is the issuer, who is the distributor, who holds client money, and which entity's name the customer sees at each click.
When regulators flag gaps, he helps prepare remediation plans and response letters that address root causes rather than only the sampled screen. When investors complain, he assists with internal investigation, evidence preservation, settlement strategy and, where needed, litigation or mediation. He is attentive to cross-selling and "one-click" upgrade paths that can convert a simple wallet balance into a fund holding without adequate consent records.
- Risk disclosure and marketing compliance for fund and cash-management products
- Payment institution licensing questions and customer fund custody reviews
- Investor complaints, mediation and dispute resolution support
- Compliance reviews for internet finance and platform distribution models
Engagement Style and Contact
Mr. Shang tailors each engagement to the client's product structure and risk profile. He prepares written compliance assessments, coordinates with business and compliance teams, and provides guidance that balances regulatory requirements with commercial constraints. Chinese and English communication are available for groups with overseas stakeholders.
To inquire through this profile, please describe the product type, the role of your entity (manager, distributor, payment provider or technology channel), and whether you face a regulatory inquiry, an investor dispute, or a pre-launch review. Attach or summarise any notice already received. Clear context allows a useful first read without multiple clarifying rounds.
Capability
