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China's Guotai says HK chairman returns after aiding probe

Guotai securities firm says Hong Kong chairman back at work after helping with investigation

China's Guotai says HK chairman returns after aiding probe

HONG KONG (AP) -- The Hong Kong arm of one of China's biggest securities companies says its chairman has returned to work after disappearing a month ago.

Guotai Junan International Holdings said Wednesday that Yim Fung had been assisting in "certain investigations" by authorities in mainland China in a "personal capacity" and could not be reached during that time.

Neither Yim nor the company was the subject of the investigation, Guotai said in a filing to Hong Kong's stock exchange.

The company said Yim has resumed his duties as chairman and CEO.

He's one of a number of high-profile figures in China's securities industry who have disappeared or been detained after authorities began an investigation into a plunge in China's stock markets in the summer.


Updated : 2021-07-31 14:57 GMT+08:00