FINANCE

Vice Chairman of China’s Securities Regulator Latest Target of Corruption Probe

Published: May. 1, 2025 4:44 a.m. GMT+8

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Wang Jianjun

Wang Jianjun, a vice chairman at China’s top securities regulatory body, has become the latest target of an anti-corruption probe unsettling the country’s financial industry.

Wang, who oversaw institutions, market and bond regulations at the China Securities Regulatory Commission (CSRC), has been placed under investigation for suspected “serious violations of discipline and law,” according to an announcement Wednesday by the nation’s top anti-graft watchdog. His tenure at the CSRC spanned 28 years.

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Wang Jianjun, vice chairman of the China Securities Regulatory Commission (CSRC), is under investigation for suspected serious legal and disciplinary violations after 28 years at the regulator.
The probe follows similar actions against other senior financial officials, including Wang Huimin and Zhu Congjiu, and has unsettled China’s financial sector.
Wang, known for reforms at the Shenzhen Stock Exchange and his cautious reputation, was taken for questioning on April 27, and his subordinates are currently out of contact.

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Who’s Who

Shenzhen Stock Exchange: The Shenzhen Stock Exchange is a major Chinese stock exchange. Wang Jianjun served as its general manager in 2016 and became party secretary and chairman in 2020. During his tenure, he implemented a registration-based IPO reform on the ChiNext board, leading to nearly 600 new listings by late April 2025, mostly in machinery and IT. The ChiNext board is designed for growth companies.

Wind Information Co., Ltd. (WindInfo): Wind Information Co., Ltd. (WindInfo) is a leading Chinese financial data and information services provider. It supplies comprehensive market data, analytics, and research solutions for financial institutions, including securities firms, asset management companies, and regulators. WindInfo is widely used by professionals for its extensive coverage of China’s financial markets, particularly in equities, bonds, and listed companies.

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