xu xiang
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.
Chinese Executives of Hong Kong Futures Firm Arrested for 'Malicious' Trading
| Benjie Batanes | | Nov 02, 2015 05:15 AM EST |
China's Ministry of Public Security on Sunday announced the arrest of two Chinese executives of a Hong Kong futures firm for allegedly engaging in the manipulation of futures prices. This arrest is the first time that Chinese authorities have apprehended persons working for a financial firm owned by non-mainlanders.
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