Combined net income for 18 brokerages sank 87% last month Shanghai Composite Index plunged 23 percent in January Chinese brokerages posted “ugly” earnings for January amid the stock market’s ... Read More
The scandal at Citic has already scuppered a proposed takeover of Russell Investments Two investment bankers from Citic Securities, China’s biggest broker, have gone missing, sparking fresh concerns about ... Read More
Preliminary probe said to find evidence of insider trading Citic says it hasn’t been notified on nature of investigation A Chinese probe found evidence that Citic Securities Co., the ... Read More
The assistant chairman of China Securities Regulatory Commission Zhang Yujun is being investigated for ‘disciplinary violations’ The mainland’s anti-graft watchdog is investigating a senior figure at the state securities ... Read More
The president of China’s largest brokerage has been caught in Beijing’s widening probe of insider trading. Cheng Boming, the president of Citic Securities, is being investigated for “insider dealing ... Read More
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