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Ex-CSRC Chief Yi Huiman Under Corruption Investigation

9/5/2025

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Summary

Story summary

Authorities investigated Yi Huiman, former head of China's Securities Regulatory Commission (CSRC), last week.
He was removed as CSRC chairman in February 2024 during a stock market selloff, without an official explanation.
Allegations of corruption suggest improper benefits to his relatives during his leadership.
Yi led the CSRC from January 2019 to February 2024, modernizing capital markets with key reforms.
His tenure included the STAR Market launch and a shift to a registration-based IPO system.

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Story summary

Authorities investigated Yi Huiman, former head of China's Securities Regulatory Commission (CSRC), last week.
He was removed as CSRC chairman in February 2024 during a stock market selloff, without an official explanation.
Allegations of corruption suggest improper benefits to his relatives during his leadership.
Yi led the CSRC from January 2019 to February 2024, modernizing capital markets with key reforms.
His tenure included the STAR Market launch and a shift to a registration-based IPO system.