Ten high-level executives under investigation
Updated: 2014-12-26 07:22 (chinadaily.com.cn)Name: QI Guoqi
Title: CEO of Sealand Securities
Sealand Securities informed Shenzhen Stock Exchange on Nov 4 that Qi Guoqi was under arrest and has stepped down as the CEO.
Qi allegedly offered bribes in exchange for corporate bonds, reported Shanghai-based media paper.cn citing industry insiders.
Sealand is the only broker licensed in Guangxi province to provide brokerage services nationwide, and has been listed on the Shenzhen exchange since 2011.
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Workers work on neon light sign near Sealand Securities office in Hechi city, Guangxi province, April 3, 2011. [Photo/IC] |
