China prosecutors to arrest former China Huarong Asset Management chairman -Xinhua

XinKong International Capital Holdings

07/11/2018 02:19

BEIJING, Nov 7 (Reuters) - Chinese prosecutors will arrest
former China Huarong Asset Management Co Ltd  2799.HK  chairman
Lai Xiaomin, the official Xinhua news agency reported on
Wednesday. 
    The report did not provide further details including what he
may be charged with. Lai, former party boss and chairman of one
of China's largest financial asset management firms, has been
under investigation since April.  urn:newsml:reuters.com:*:nH9N1RT00P 

 (Reporting by Beijing Monitoring Desk; Editing by Michael
Perry)
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