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China Probes Former Henan Securities Regulator Chief

Published: Sep. 17, 2026 2:15 p.m. GMT+8

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Niu Xuefeng

Niu Xuefeng, former head of the Henan bureau of the China Securities Regulatory Commission (CSRC), is under investigation for suspected corruption, about a year after his retirement.

The probe, announced Wednesday, follows the October investigation of Chu Tianhui, a former deputy head of the Henan bureau. Sources familiar with the matter told Caixin that Niu was briefly taken away at the time but was later released.

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Niu Xuefeng, former head of the Henan CSRC bureau, is under corruption investigation about a year after retiring.
The probe follows the October investigation of former deputy Chu Tianhui, who was found to have accepted gifts and traded stocks improperly.
Local CSRC bureaus handle IPO early-stage reviews, linked to cases like 2024 probes of Chen Xiaopeng and Ling Feng, with Ling profiting hundreds of millions.

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What Happened When

2026：: Niu Xuefeng is under investigation for suspected corruption, about a year after his retirement.

2026-05：: An official notice states Chu Tianhui improperly accepted gifts and other benefits, traded stocks through multiple accounts, and held shares in unlisted companies.