CSRC Says Report about Xiao Gang Offering to Resign Is Wrong

(Beijing) – The securities regulator says a report about its chairman resigning is wrong and it has demanded the media outlet correct it.

The China Securities Regulatory Commission (CSRC) said on January 18 on its social media account that a "Reuters report about our chairman, Xiao Gang, tendering his resignation does not accord with the facts."

"We have contacted Reuters and demanded they make a correction," the regulator said on Weibo, China's version of Twitter.