© Reuters. China Huarong Asset Management Co Chairman Lai Xiaomin listens to a question from a reporter during the debut of the company at the Hong Kong Exchanges in Hong KongBEIJING (Reuters) – China Huarong Asset Management Co Ltd (HK:) former chairman Lai Xiaomin will be prosecuted, China’s graft buster said on Monday.
Lai, former party boss and chairman of the one of China’s biggest financial asset management firms, has been under investigation since April.
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