A probe into an influential securities regulator has sent shockwaves through the financial community.
Fang Xinghai, then Vice-Chairman of the China Securities Regulatory Commission, at a session at the WEF's Annual Meeting of the New Champions in Tianjin, China, September 18, 2018. Credit: World Economic Forum via Flickr
Fang Xinghai, former vice-chairman of China Securities Regulatory Commission, was scheduled to give a keynote address at a conference in Beijing last month, but in his place there was only a nameplate.
A notice on the investigation into Fang Xinghai, July 24, 2026. Credit: Central Commission for Discipline Inspection
On July 24, the evening before, China’s top graft buster announced Fang was under investigation for “suspected serious disciplinary and legal violations.”
Fang, 62,
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