China has opened a trial against a former high official in charge of regulating financial markets, who was targeted for investigation after the stock market crash in 2015.
Yao Gang, former vice chairman of the China Securities Regulatory Commission (CSRC), was on trial at the Handan City Intermediate People’s Court in northern China’s Hebei Province on July 11, according to state-run media Xinhua. Yao is being accused of accepting bribes and insider trading.
