
The former head of Chinese brokerage Changjiang Securities has committed suicide, the official Xinhua news agency reported Tuesday, just weeks after the company said he was under investigation by authorities.
Yang Zezhu apparently jumped from a 12-storey residential building in the central city of Wuhan on Tuesday afternoon after leaving a suicide note, Xinhua said on its microblog. Police are still investigating the case.
In early January, Changjiang Securities said in a statement to the Shenzhen stock exchange that Yang was under investigation by the Communist Party corruption watchdog for suspected violations of discipline, a phrase that typically refers to graft.
Yang stepped down soon afterwards as both chairman and party chief of the securities firm, a mid-sized brokerage that was ranked 17th by assets nationwide in 2014.
He previously headed a Hubei provincial government agency that oversaw state assets.
China has recently targeted the financial sector as part of a larger crackdown on corruption spearheaded by President Xi Jinping.
In October, China's corruption watchdog said it would expand its inspections to major financial institutions, which are already under pressure after a stock market rout last year.
GMT 11:19 2018 Thursday ,13 December
Nine killed, 47 injured as high-speed train crashes in TurkeyGMT 10:36 2018 Wednesday ,12 December
Strasbourg shooting leaves 3 dead, 12 injuredGMT 09:59 2018 Friday ,07 December
Death toll climbs to five after Santo Domingo factory explosionGMT 09:50 2018 Friday ,07 December
At least 18 Afghan soldiers killed in Taliban attackGMT 13:50 2018 Thursday ,06 December
Two found, five missing after US Marine aircraft collide off JapanGMT 16:27 2018 Sunday ,02 December
Villages evacuated as northern Australia fires flare in extreme heatGMT 08:16 2018 Thursday ,29 November
10 killed, 19 wounded in Taliban attack in KabulGMT 14:07 2018 Sunday ,18 November
About 15,000 people killed in Russian road accidents in 2018 so farMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor