Former China securities regulatory chief Yi under investigation, sources say


BEIJING: China's former securities watchdog chief Yi Huiman (pic) was taken away by authorities last week for an investigation, people with knowledge of the matter said.

Yi was unexpectedly ousted as chairman of the China Securities Regulatory Commission (CSRC) in February last year amid a brutal selloff in domestic stock markets that pushed the benchmark index to a five-year low and left institutional and retail investors scrambling to cut their losses.

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