Three More Citic Securities Employees Detained, Bringing Total to 11

(Beijing) – Citic Securities has seen three more employees come under investigation for suspected insider trading, bringing the total number of people to get in hot water at the brokerage firm to 11, including its general manager.

The official Xinhua News Agency reported on September 15 that police took away the general manager, Cheng Boming, and two of his colleagues. The pair was named as Yu Xinli, director of the operations management department, and Wang Jingling, deputy head of the IT center.