Shanghai Stock Exchange Deputy GM under Investigation for Corruption

Shanghai Stock Exchange deputy general manager, Dong Guoqun, is being investigated for serious violations of laws and discipline. Dong has been with the SSE for over two decades. His investigation follows an anti-corruption campaign in China's finance sector that has already seen other officials expelled or charged.

Shanghai Stock Exchange deputy general manager, Dong Guoqun, is currently under investigation for suspected serious violations of laws and discipline, as confirmed by China's anti-graft watchdog on Friday.

Dong, who has served at the Shanghai bourse for more than two decades and was promoted to deputy general manager in 2019, is facing scrutiny as part of an intensified anti-corruption campaign targeting the finance sector.

The Shanghai Stock Exchange did not immediately respond to requests for comment. This investigation comes in the wake of similar actions, including the removal of former deputy vice general manager Liu Ti in October 2023 over alleged bribery.

(With inputs from agencies.)