Assistant to the president of the Hui Shang Bank of China and Xia Min, the chairman of Huiyin Financial Management, was reported by the disciplinary inspection department to investigate this morning. The specific reasons for being taken away are unknown.

Securities Times, the WeChat "broker China", disclosed that Xia Min has been searched at the office of the head office and financial management. This is also the first chairman of the bank wealth management subsidiary to investigate.

According to Reuters, Huishang Bank is a city commercial bank headquartered in Anhui, central China.After the People's Bank of China took over the original contractor bank in May 2019, Huishang Bank undertook four branches such as Beijing and Shenzhen, such as the original contractor bank to achieve different places.In April 2020, Huishang Bank invested 2 billion yuan (RMB, the same below, about S $ 400 million) to establish a wholly-owned financial subsidiary-Huiyin Financial Management.

As of the end of September 2020, Huishang Bank's total assets were 1274.388 billion yuan. From January to September, it achieved operating income of 24.354 billion yuan and net profit of 7.937 billion yuan.

It is reported that the bank's stock transaction is light. Today, the transaction volume is less than 90,000 shares, and the closing price is HK $ 2.55, with a total market value of only 35.4 billion Hong Kong dollars.

In August 2020, Huishang Bank announced that a total of 1.735 billion domestic shares issued a total of 1.735 billion domestic shares to the central bank of China and Anhui Transportation Holding Group, which raised nearly 9.9 billion yuan to supplement the core first -level capitalEssence