Former executives of CITIC Securities are under investigation again.

A former senior executive of CITIC Securities who once served on the executive committee has recently gone missing. Multiple sources revealed to Caixin that this individual was taken away for investigation by relevant authorities about two weeks ago. This is not the first time he has been involved in a scandal. After the stock market crash in July 2015, many key business personnel and executives of CITIC Securities were investigated one after another, including him. Similar to most of the CITIC Securities executives who were taken away at that time, he returned to his position after "cooperating with the investigation" for three months. After the turmoil, like many other executives who had "cooperated with the investigation", this individual had to leave CITIC Securities. He then started a private equity investment institution with his old team and achieved great success in investments. However, this private equity firm may have some connection with Yang Jiaohong, one of the directors of the original IPO review department of the China Securities Regulatory Commission.