Daily Archives: January 11, 2009, 11:59 pm

China: Former President of Guangfa Securities Sentenced to Four Years in Prison for Insider Trading

Dong Zhengqing (pictured), the former president of leading Chinese securities house Guangfa Securities, was jailed on Friday for insider trading.  The FT reports that the prosecution comes as the Chinese government campaigns to restore investor confidence battered by widespread trading irregularities.  Dong Zhengqing was sentenced to four years by the Tianhe district people’s court in Guangzhou. The FT reports that…

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