Guotai Junan International Chairman Returns After Aiding Probe

Guotai Junan International Holdings, the Hong Kong unit of one of China’s biggest brokerages, said Chairman Yim Fung resumed duties after assisting Chinese authorities in investigations.

Yim was assisting the probe in his personal capacity, and neither him nor the company were the subject of the investigations, Guotai Junan said in a filing to Hong Kong stock exchange Wednesday.

Shares dropped 20 percent since the company announced on Nov. 23 that Yim, chairman and CEO, couldn’t be contacted and wasn’t able to discharge his duties.

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