Caixin
Aug 27, 2015 06:22 PM

Eight Employees of Brokerage Firm Reportedly Detained

(Beijing) – Eight employees of a leading investment banking and brokerage firm have been detained by police for questioning over suspected involvement in illegal securities investment activities, Xinhua reported August 25.

The state news outlet did not say who the eight at Citic Securities are, but sources close to the probe provided their names to Caixin. The eight include three of the firm's most senior executives who sit on the executive committee that manages the company.

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