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Top Chinese banker steps down after broker butcher brother becomes chief market regulator

Wu Qing, head of the China Securities Regulatory Commission, is the older brother of Wu Bo, president of China International Capital Corp.

Senior finance figure Wu Bo leaves CICC post

Senior finance figure Wu Bo leaves CICC post
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China s stockbrokers see salaries slashed for second year amid slumping market, crackdown on flashy finance executives

China’s stockbrokers took another pay cut in 2023 as the double whammy of a slumping equities market and a government crackdown on corporate extravagance eroded the incomes of financial workers. Things don’t look much better this year, one fund manager says.

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