![China Huarong Asset Management ex-chairman to be prosecuted: graft watchdog China Huarong Asset Management ex-chairman to be prosecuted: graft watchdog](https://globalrubbermarkets.com/wp-content/uploads/2024/08/china-huarong-asset-management-ex-chairman-to-be-prosecuted-graft-watchdog.jpg)
BEIJING (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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Source: Investing.com