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In Depth: The Secrets Behind a Chinese Banking Superstar’s Fall

By Wu Xiaomeng and Zhang Yukun
2022年11月15日 20:37
The unmaking of former China Merchants Bank chief Tian Huiyu may be rooted in his equity investments in electric-vehicle battery giant CATL
Tian Huiyu helmed one of China’s largest commercial banks for almost nine years, leading China Merchants Bank through a successful transition. Then he was removed by the bank’s board, expelled from the party and indicted on corruption charges.

China’s investigation into veteran banker Tian Huiyu has been one of the most watched financial corruption cases this year. Within the span of seven months, the former president of China Merchants Bank Co. Ltd. (CMB) (600036.SH) was removed from his post and expelled from the Communist Party, after which prosecutors issued a warrant for his arrest.

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