The Shanghai-listed brokerage provided financing to bankrupt Dangdai Group, bypassing regulatory safeguards and failing to disclose related-party transactions
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The regulator has proposed a combined 25 million yuan fine for both Tianfeng Securities and Dangdai Group. Photo: VCG
Mainland investors face tighter restrictions as Beijing broadens campaign against unlicensed offshore brokerage activity
Regulator cites imprudent practices in loan, bill and wealth management businesses
Probe into Zheng Xiurong highlights fallout from Dangdai’s collapse and deepening scrutiny of regulator–corporate ties
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Regulators tighten crackdown on capital market violations
