Anti-graft move helps clean stock market

The Central Commission for Discipline Inspection of the Communist Party of China announced on Wednesday that Zhang Yujun, assistant chairperson of China Securities Regulatory Commission, was under investigation for "severe disciplinary violations". Comments:

The investigation of the so far highest-ranked securities official has raised hopes of the financial sector becoming corruption-free in the future. However different the circumstances appear, corruption in the financial sector and other fields is in essence the same. Officials claim to work for the sake of "market stability and prosperity", yet they ignore and violate laws and regulations for personal gains. Therefore, no excuse or reason is tenable in the fight against corruption.

people.com.cn, Sept 17