Actually this is only breaking news in the English media. There has been a buzz of activity over the weekend about the poor performance of the Greenwoods funds, and the background of founder George Jiang. It got so bad that the firm had to issue an official statement saying the rumors (eg. Jiang has disappeared, had connections with government officials) were false and legal actions will be taken against those who spread fake news.
What is interesting is that 19 hours after the release of the official statement, I still can't find any news on English Google:
In fact the news on Greenwoods' Jiang in the English media seems to be rather positive. Whether or not the news are real or not, fund allocators who can read Chinese would have started looking at Golden China Fund, and portfolio managers and analysts are looking at the fund's concentrated stock holdings.