Jul 27, 2022 07:17 AM

FINANCE

Former Everbright Executive Under Anti-Graft Probe

By Wang Juanjuan and Denise Jia

Chen Shuang

Chen Shuang

The former Communist Party chief of China Everbright Ltd. is under investigation by China’s anti-corruption body for suspected “serious disciplinary violations,” the Central Commission for Discipline Inspection said Tuesday.

Chen Shuang, also a former executive president of the Hong Kong-traded subsidiary of financial giant China Everbright Group Ltd., left the company in 2019 to lead a fund that will target investments in the Greater Bay Area.

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