Guotai Junan International: The company has immediately suspended all operational, executive duties, and authorities of the relevant employees.

MetaMuskRat · 2026-03-12T06:48:45+00:00

Guotai Junan International was raided by the Hong Kong Securities and Futures Commission and the Independent Commission Against Corruption on March 10. An employee was detained on suspicion of insider trading. The company has suspended the employee's duties but stated that overall operations are normal, finances are stable, and all business activities are compliant and steady.

MetaMuskRat

2026-03-12 06:48:45

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Guotai Junan International announced on March 12 before the market opened that on March 10, the Hong Kong Securities and Futures Commission and the Independent Commission Against Corruption visited the company’s main business location in Hong Kong to execute a search warrant. An employee (not a board member) was detained by the ICAC. The company has immediately suspended all operational, executive duties, and powers of the involved employee. According to information obtained by reporters, the employee was taken from their home by the ICAC, possibly due to suspected insider trading or other illegal activities. Guotai Junan International stated in the announcement that the company’s overall business and operations, including investment banking, continue to operate normally; the company’s finances are stable, and all business activities are conducted in compliance, orderly, and steadily.

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