Confessions Made by Four Executives at Citic, Xinhua Says

Updated on
  • Chinese state media report on probes in securities industry
  • Caijing journalist also reported to have made confession

Four executives of Citic Securities Co., the nation’s largest brokerage, a journalist at business magazine Caijing and a staff member at the securities regulator all confessed to alleged crimes, the state-run Xinhua News Agency said.

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