CITIC unit ac­cused of in­sider trad­ing

China Daily (Canada) - - TORONTO -

COMPANIESANDMARKETS An in­ves­ti­ga­tion has found ev­i­dence that CITIC Se­cu­ri­ties Co Ltd, the na­tion’s big­gest bro­ker­age, was en­gaged in in­sider trad­ing dur­ing the gov­ern­ment’s re­cent res­cue of the stock mar­ket, peo­ple fa­mil­iar with the mat­ter said. In­ves­ti­ga­tors sus­pect that the bro­ker­age used ad­vance knowl­edge of gov­ern­ment-or­ches­trated stock pur­chases to ex­e­cute trades

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