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Ten high-level executives under investigation

2014-12-26 07:22

By (chinadaily.com.cn)

Name: QI Guoqi

Title: CEO of Sealand Securities

Sealand Securities informed Shenzhen Stock Exchange on Nov 4 that Qi Guoqi was under arrest and has stepped down as the CEO.

Qi allegedly offered bribes in exchange for corporate bonds, reported Shanghai-based media paper.cn citing industry insiders.

Sealand is the only broker licensed in Guangxi province to provide brokerage services nationwide, and has been listed on the Shenzhen exchange since 2011.


Ten high-level executives under investigation


Workers work on neon light sign near Sealand Securities office in Hechi city, Guangxi province, April 3, 2011. [Photo/IC]