Xiaoxing resigned the new big shareholder of Galaxy Securities to take the right of speech

Galaxy Securities in recent major changes in personnel, the original President Xiaoxing for the investigation by the relevant departments, Hu Changshen from Huijin Company was declared as the Acting President. Narrator said Xiaoxing was investigated in connection with the joining case, joining as vice chairman of the SFC will Xiaoxing from the Central financial Cadre Management College transferred to the SFC. Hu Changshen previously was the SFC Shenzhen Securities Regulatory Commissioner Office cadres, 2005 to Huijin Company. There is much to be uncovered, but now there are two points to pay attention to: Galaxy Securities is the first state-owned enterprises in the securities industry, brokerage business ranked number one, was previously funded by the Ministry of Finance, the 2002 management power to the SFC, after the capital injection and holding Galaxy Securities, holding more than 99%, so large shareholders to grasp the right to Galaxy Securities Chairman Li Ming, legal representative and President Xiaoxing are sent by the SFC, even if the Xiaoxing is not an accident, the position of the president will be the replacement of Huijin, this point in the group has been reflected in the current group of senior Management Authority has been transferred from the CIRC to Huijin; In addition, over the years, the senior executives of Galaxy Securities were sent by the SFC, The anomaly is common in the financial sector, as the regulator is both a referee and an athlete, and officials may be transferred to the subject at any time.