SHANGHAI/BEIJING—China’s securities regulator is investigating one of the country’s richest men for alleged violation of disclosure rules as a director of U.S.-blacklisted surveillance camera giant Hikvision, the company said.
Directors Gong Hongjia and Hu Yangzhong had been named as suspects and would cooperate with the investigation by the China Securities Regulatory Commission (CSRC), the firm said in a filing to the stock exchange on Nov. 13. It did not provide any detail of the alleged violations.
