USEUROPEAFRICAASIA 中文双语Français
Home / Business

Everbright Securities head resigns amid probe of glitch

By Shi Jing in Shanghai | China Daily | Updated: 2013-08-23 07:48

Trading of shares in company scheduled to resume on Friday

To nobody's surprise, Xu Minghao, president of the beleaguered China Everbright Securities Co Ltd, which roiled the nation's stock market last week with an erroneous 7.2 billion yuan ($1.17 billion) in buy orders, resigned on Thursday, leaving regulators with piles of questions to address.

In a statement to the Shanghai Stock Exchange, Everbright Securities said its board of directors accepted Xu's resignation, four days after regulators announced a probe into the company.

Everbright Securities head resigns amid probe of glitch

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US