Yinke Merger completed the merger with Yintech Investment Holdings in a $540m deal.

Yinke Merger, a vehicle owned by Yintech management, completed the merger with Yintech Investment Holdings, a provider of investment and trading services for individual investors in China in a $540m deal. As a result of the merger, Yintech ceased to be a publicly traded company and became a wholly owned subsidiary of Yinke Merger, which was led by Yintech co-founders Wenbin Chen, Ming Yan and Ningfeng Chen.