China’s largest insider trading case drew to a close yesterday with the Shanghai No.1 Intermediate People’s Court due to give its verdict at a later date.
Li Xuli, 39, former investment director of Shanghai-based Bank of Communications Schroders Fund Management Co, was detained last August on suspicion of exploiting private information in two stocks in the fund that he managed to trade in shares and make over 10 million yuan (US$1.6 million) profit.
via China-Verdict still to come in insider trading case — Eastday
