Everbright Securities Co

Government stock regulator fines Everbright USD85.5 million on trading charges

Securities brokerage firm Everbright would be facing a bleak future as China Securities Regulatory Commission (CSRC) handed down a CNY523 million (USD85.5 million) fine and corporate suspensions for insider trading.

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Everbright's proprietary head gets suspended after trading errors

After Everbright Securities Co. made erroneous buy orders of CNY23.4 billion last August 16, the state-backed firm suspended the head of its proprietary trading division.

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