The curious corruption case of China’s former securities chief Liu Shiyu and his lenient treatment

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Before falling under the cloud of a corruption investigation in May, Liu Shiyu, China’s former top securities regulator, was a regular newsmaker.During his three years at the helm of the securities regulator from 2016 to 2018, Liu made national headlines by pursuing what he called the “barbarians, demons, evil creatures or financial crocodiles” in the stock market.He made national headlines again earlier this month when after five months of silence, the country’s top anti-corruption watchdog…

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Breaking news, analysis and opinion from the SCMP’s Hong Kong edition.

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