China’s former top securities regulator has been placed under investigation, according to the country’s anti-corruption agency, joining a series of high-ranking officials caught up in decade-long purges that showed little sign of abating.
Yi Huiman, who headed the China Securities Regulatory Commission for five years before stepping down in February 2024, is under investigation for suspected “serious violation of discipline and law,” the Central Commission for Discipline Inspection (CCDI) said on Sept. 7.