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‘I want him to be a low life’: Chinese investor under fire for saying he wants his son to date many women

  • Ding Peng said he wants his son to start having children in college and that he currently has two girlfriends
  • After the backlash, he said he made the comments in an emotional argument in a WeChat group

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Ding Peng said he wants his son to date lots of women and enjoy life, unlike his boring existence. Photo: Handout

A well-known Chinese investor is facing an angry backlash after saying that he wants his teenage son to become a “low life” and sleep with as many women as possible.

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Ding Peng, a quantitative investment veteran and prominent financial adviser, said in a WeChat group chat last week that he plans to teach his son – who is a young teenager – to watch porn, date many women, and start having children when in college. The boy is currently a Form Two student.
Ding said he did not want his son to become engrossed in studies as he did in his youth.

“I transferred tens of thousands of yuan to his bank account and asked him to invite girls to dinner. He has two girlfriends now. He is better than me,” he said.

The famous Chinese investor is in hot water over comments he made in a WeChat group. Photo: Weibo
The famous Chinese investor is in hot water over comments he made in a WeChat group. Photo: Weibo

Regarded as one of China’s elite financiers, Ding obtained his master’s degree from Southeast University in Nanjing in 1992 and a doctoral degree from Shanghai Jiao Tong University in 2001, both among China’s first-class academic institutions.

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