Pedestrians walk past a Haitong Securities signboard in Wuhan, central China’s Hubei province. Photo: Imaginechina via AFP Pedestrians walk past a Haitong Securities signboard in Wuhan, central China’s Hubei province. Photo: Imaginechina via AFP
Pedestrians walk past a Haitong Securities signboard in Wuhan, central China’s Hubei province. Photo: Imaginechina via AFP

China’s market watchdog launches investigation into Haitong Securities for suspected violation of securities rules

  • Haitong Securities, China’s second-largest brokerage by revenue, said it will cooperate with the CSRC and disclose the required information
  • Investigation is linked to its failure to perform due diligence as a financial adviser to Shanghai-listed Aurora Optoelectronics

Topic |   Financial regulation
Pedestrians walk past a Haitong Securities signboard in Wuhan, central China’s Hubei province. Photo: Imaginechina via AFP Pedestrians walk past a Haitong Securities signboard in Wuhan, central China’s Hubei province. Photo: Imaginechina via AFP
Pedestrians walk past a Haitong Securities signboard in Wuhan, central China’s Hubei province. Photo: Imaginechina via AFP
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