Jan
05
Chinese Brokerage Head Targeted in Probe by Communist Party
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Changjiang Securities case adds to wave of probes in finance
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No comment available from Yang Zezhu, who faces investigation
The chairman of mid-sized Chinese brokerage Changjiang Securities Co. is under investigation by the Communist Party, further swelling the line-up of financial industry executives and regulators facing probes by the party or the police.
Yang Zezhu, who’s in his early 60s, is suspected of violations of discipline for “personal reasons,” the company told Shenzhen’s stock exchange in a statement on Wednesday. Changjiang was informed in a notice from the party’s discipline inspection committee in Hubei province on Tuesday, it said…
Chinese Brokerage Head Targeted in Probe by Communist Party
