Fang Xinghai charmed global investors, but forceful IPO meddling and internal clashes may have sealed his fate

The probe into the former top regulator, known for promoting China’s capital-market opening, is the second investigation involving a former CSRC vice chairman in recent years

Fang Xinghai, former vice-chairman of the China Securities Regulatory Commission, is undergoing a disciplinary probe, according to state media reports.