Particle.news
Download on the App Store
5 ARTICLES
·
5d ago

China’s Anti-Graft Watchdog Detains Former Securities Chief Yi Huiman for Disciplinary Probe

The CCDI announced an investigation into the ex-CSRC chair over what it called severe violations of party discipline.

Yi Huiman, chairman of China Securities Regulatory Commission (CSRC), attends a meeting of Fujian delegation on the sidelines of the National People's Congress (NPC), at the Great Hall of the People in Beijing, China March 5, 2019. Picture taken March 5, 2019. REUTERS/Stringer/File photo
Image
Wu Qing, nicknamed the “Butcher of Brokers”, took over as chairman of the China Securities Regulatory Commission (CSRC) in 2025 from Yi Huiman. Photo: SCIO

Overview

  • The Central Commission for Discipline Inspection said Yi is being investigated for “severe breaches in discipline” and offered no further details.
  • Yi served as chairman of the China Securities Regulatory Commission from January 2019 to February 2024.
  • A Caixin report on Yi’s detention appeared on Friday before being taken down from the outlet’s website.
  • He is the second leader of China’s stock regulator in a decade to face a graft probe, following misconduct findings involving his predecessor Liu Shiyu.
  • The case underscores President Xi Jinping’s sweeping anti-corruption campaign that has increasingly targeted the financial sector.