China's first speculation trial to start

The No 2 Intermediate People's Court will today hear China's first case of alleged manipulation of the securities market.

Wang Jianzhong, 42, from Anhui province, is charged with gaining illegal income after he allegedly opened several securities accounts under his or others' names when he worked as general manager of Beijing Shoufang Securities Investment Consulting Ltd.

The company is a local investment consulting enterprise established in 2001.