Caixin
Caixin Global – Latest China News & Headlines

Home >

ABOUT US

CX Tech is Caixin Global's real-time tech news portal, featuring 24-hour news, short-form analysis, and roundups from business and tech media in China.

TRENDING
Apple Swerves $150 Levy on iPhones As U.S. and China Strike Trade Deal
Alibaba Co-Founder Steps Down From Board Affiliated to Chinese EV Maker
China Merchants Bank Executive Arrested in Connection to P2P Business
LATEST
Ping An’s OneConnect Expands U.S. IPO to Raise $312 Million
China Hits the Accelerator on Road Surveillance Equipment
Baidu Unveils Budget Touch-Screen Smart Speaker with Focus on Child Safety
Alibaba Co-Founder Steps Down From Board Affiliated to Chinese EV Maker
Samsung Invests Additional $8 Billion in Flash Memory Chip Production in China
Markets Applaud Talk of U.S.-China Trade Deal
Chinese Genome Sequencing Firm to Supply Tech to Abu Dhabi Personalized Health Care Project
Apple Swerves $150 Levy on iPhones As U.S. and China Strike Trade Deal
China Merchants Bank Executive Arrested in Connection to P2P Business
Hillhouse-Backed Genor Plans $200 Million Hong Kong IPO
GitHub Looks to Open Subsidiary in China
5G Handsets Grow As Proportion Of China’s Sluggish Smartphone Market
China Executes Man Who Killed 3 Fearing Wife’s Forced Sterilization Under One-Child Policy
Agriculture Insurance Companies Take A Hit From African Swine Fever
Tencent-Backed News App Denies Explosive Fraud Allegations From U.S. Due-Diligence Firm
Defying Sentiment, WeWork’s China Rival Files for New York IPO
Electric Car Maker Nio Cuts 141 Jobs at North American Headquarters
Huawei Wins Telefonica Deal to Help Build German 5G Network
China Unveils First 3D Images From Newest Earth Observation Satellite
Tesla to Raise Prices in China Again, Sources Say
Top Banking Regulator in Fujian Under Investigation

By Wu Yujian and Han Wei / Jul 27, 2019 05:38 AM / Finance

Qi Xinzheng. Photo: VCG

Qi Xinzheng. Photo: VCG

The top banking and insurance industry regulatory official in South China’s Fujian province is under graft investigation, the Communist Party’s anti-corruption watchdog said Friday.

Qi Xinzheng, director and party chief of the Fujian bureau of the China Banking and Insurance Regulatory Commission (CBIRC), is being investigated for severe violations in law and discipline, the graft buster said in a statement.

Qi, 52, is the second senior CBIRC official to be placed under inquiry since the commission was formed in April 2018 by combining the top banking and insurance regulatory bodies. In May, Zhao Rulin, a deputy head of the CBIRC’s Guangxi bureau, was investigated.

Qi was named the Fujian CBIRC head in November 2018. Previously, he had headed the insurance regulatory body in Jiangsu and Ningxia.

Caixin learned that the Fujian bureau announced Qi’s probe internally Friday afternoon. Qi’s information has been removed from the bureau’s website.


Share this article
Open WeChat and scan the QR code