China is investigating Fang Xinghai, a former vice chairman of the China Securities Regulatory Commission (CSRC), for alleged “serious violations” of discipline and law, according to reports citing Chinese state media. Bloomberg and the South China Morning Post both say the probe is part of a wider wave of investigations targeting senior financial regulators.
The reports state that the disciplinary investigation is conducted by China’s Central Commission for Discipline Inspection. They also describe the allegations as involving “serious legal and disciplinary violations.” Fang is 62 years old and previously served as CSRC vice chairman from October 2015 to July 2024. The reports do not provide additional details about the specific conduct under investigation or any outcomes of the process.
Both outlets frame the case as another high-profile matter involving a former senior financial official under China’s party discipline and anti-corruption system, with the investigation ongoing at the time of reporting.
