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China investment company executive under police probe

Xinhua, November 2, 2015 Adjust font size:

Xu Xiang, general manager of the Shanghai-based company Zexi Investment, is under investigation for suspected inside trading, the Ministry of Public Security announced late Sunday.

Xu and several others allegedly obtained inside stocks information via illegal methods and participated in insider trading and manipulating stocks prices, a ministry statement said.

The suspects have been placed under coercive measures, which include summons by force, bail, residential surveillance, detention and arrest. Endi