Chinese executive linked to sanctioned investor in US spying probe

Chinese executive Alice Huang, suspected by US intelligence of spying for Beijing and having a relationship with Nvidia's CEO, built part of her career alongside a sanctioned investor. The allegations have been denied by Beijing. According to a Financial Times investigation, Huang maintained a nearly decade-long personal and business relationship with Kang Wei, founder of investment firm Hexi Capital, who faced multiple probes for irregularities in China's stock market. Their ventures ranged from private investment in Shanghai to AI data centers in Southeast Asia, raising new questions about Huang's network and Nvidia ties. Huang became a US intelligence focus after her relationship with Nvidia co-founder Jensen Huang while leading Singapore-based Megaspeed, a Nvidia client. US agencies suspect she became an asset of China's Ministry of State Security, though the claim is unproven and Beijing dismissed it Monday as baseless. Huang, from rural Hunan, started as a CCTV journalist before finance roles at HSBC and Citic Securities, joining Hexi Capital in 2015.