The Chinese State Commission of the Central Commission for Discipline Inspection has disclosed that Lai Xiaomin, party secretary and chairman of China Huarong Asset Management Co., Ltd., was suspected of serious violation of laws and regulations and is currently undergoing disciplinary review and investigations, China’s Xinhua News Agency reported. Lai Xiaomin has been serving its current positions since September 2012. The news came as China Huarong, which is already listed in Hong Kong, is preparing for a listing on the …

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