FINANCE

Former China Merchants Bank Vice President Put Under Investigation

Published: Sep. 12, 2026 2:11 a.m. GMT+8

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Shi Shunhua

A former vice president of China Merchants Bank Co. is under investigation for suspected severe disciplinary and legal violations more than three years after his retirement.

Shi Shunhua, 64, is facing a probe by central and provincial anti-graft agencies, according to a joint official statement released on Friday. Authorities took him away for questioning around mid-June, sources familiar with the matter told Caixin.

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Shi Shunhua, 64, former vice president of China Merchants Bank, is under anti-graft investigation after retiring in February 2023.
He is the third former VP probed, following Ding Wei (Aug 2024) and Wang Qingbin (Sept 2025).
During his Shanghai branch leadership, regulators fined it over 11 million yuan for illicit lending, including loans funneled into real estate.

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China Merchants Bank: China Merchants Bank, a major Chinese commercial lender, is facing scrutiny as its former vice president Shi Shunhua, 64, is investigated for suspected severe violations. He retired in 2023 after a 27-year career. Shi is the third ex-vice president probed in recent years, highlighting the bank's ongoing anti-corruption challenges.

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