Liu Shiyu, the former chairman of the China Securities Regulatory Commission (CSRC), is being investigated for corruption. Photo: Reuters

China’s former securities regulator Liu Shiyu is probed over family members’ alleged insider trading and favouring hometown IPOs, sources say

  • Family members were able to buy bonds at below-market prices, source says
  • Six rural commercial banks from Liu’s hometown in Jiangsu province went public during his tenure, drawing scrutiny, source says
Topic |   China stock market

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Liu Shiyu, the former chairman of the China Securities Regulatory Commission (CSRC), is being investigated for corruption. Photo: Reuters
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