chinese securities
China's Icahn Has Been Arrested for Insider Trading
| Benjie Batanes | | Nov 03, 2015 08:00 AM EST |
One of the most prominent stock traders in China has been arrested for malpractice. Xu Xiang, general manager and one of the owners of Zexi Investment, made a fortune in the Chinese stock market even during the period that it was struggling. On Sunday morning, Xu was arrested in spectacular fashion by authorities over to suspicions of insider trading.
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