20 January 2019

Xiao may leave CSRC to join security commission, report says

Xiao Gang {肖鋼} may soon step down as chairman of the China Securities Regulatory Commission (CSRC) to become a member of the financial affairs department under the newly established National Security Commission, Money Weekly reported Monday. However, other industry players expect Xiao to assume the two posts concurrently. The commission may also form four new offices, including those for private equity funds, innovative business, bonds and fighting securities fraud, the report said.

– Contact HKEJ [email protected]




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