Date
22 January 2017
Chinese authorities are believed to have put some officials of the nation’s securities regulator under scrutiny. Photo: Bloomberg
Chinese authorities are believed to have put some officials of the nation’s securities regulator under scrutiny. Photo: Bloomberg

CSRC internal inspection chief being questioned: report

Xi Longsheng, head of internal inspection at the China Securities Regulatory Commission (CSRC), is being questioned in connection with an investigation, a report suggests.

It is not known whether Xi is himself under scrutiny or assisting with an investigation into other people, Caixin reported, citing unidentified sources.

Xi has been “taken away”, it said, without providing details of the authorities involved, Reuters noted.

The Chinese Communist Party’s anti-graft watchdog announced on Friday that it is investigating a deputy head of the CSRC, Yao Gang, for suspected “serious breaches of discipline”.

Yao formerly oversaw public listings. He is currently responsible for supervising bonds and futures. 

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