Market Chatter: Chinese Regulator Imposes Fine, Ban on Former Everbright Executive on Alleged Insider Trading

MT Newswires Live

Sep 18, 2024

The China Securities Regulatory Commission fined Zhao Yuanjun, the former general manager of Everbright Securities (HKG:6178, SHA:601788), for 4.6 million yuan on suspected insider trading, The Paper reported Sept. 15.

The regulator also imposed a 10-year ban from the securities market on Zhao, according to the report.

An administrative penalty decision showed that Zhao traded stocks of Jiangxi Xingxing Technology (SHE:300256)) when the company was undergoing a major asset organization prior to the public disclosure of said information, The Paper wrote.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price (HKD): $4.90, Change: $+0.020, Percent Change: +0.41%

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p><p>Price (HKD): $4.90, Change: $+0.020, Percent Change: +0.41%</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK0276","symbol_name":"资本市场","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2468332470","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2468332470","pubTimestamp":1726638438,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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