China probes vice president of China Development Bank for suspected discipline and law violations By Reuters

© Reuters. A woman takes pictures of the China Development Bank booth at the 2021 China International Fair for Trade in Services (CIFTIS) in Beijing, China September 3, 2021. REUTERS/Florence Lo

BEIJING (Reuters) – China’s top graft buster is investigating He Xingxiang, Vice President of China Development Bank (CDB), in the latest of a series of investigations into top officials at state-owned financial institutions.

He, born in 1963, is under investigation by the Central Commission for Discipline Inspection (CCDI) for suspected “severe discipline and law violations”, the CCDI said on its website without elaborating further.

Before serving as a member of Party Committee at the leading policy bank CDB, He worked at Bank of China and Agricultural Development Bank of China.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.