Securities Trader Sentenced in Stock Fraud Case

(Beijing) – A former securities trader, charged in China's first-ever stock manipulation case, was sentenced to a seven-year prison term by a Beijing court on August 3.

(The trial of Wang Jianzhong in Beijing, August 3)

The Beijing Second Intermediate People's Court convicted Wang Jianzhong of share manipulation. Wang was also fined 125.75 million yuan by the court.