CSRC Official Leaves Post for Financial Investment Company

(Beijing) — The head of the legal enforcement task force of the China Securities Regulatory Commission (CSRC) has left his position and joined a state-owned financial investment company as an executive.

Hou Wailin, 54, has become chairman of Guangzhou-based Technology Financial Group, which provides financial advice to small and midsize technology firms, according to people with knowledge of the matter.