Exclusive: Two Securities Officials Fall to Their Deaths Amid China’s Graft Sweep

At least one of the officials is under corruption investigation, sources say

Two Chinese securities officials — one current and one former — fell to their deaths last month amid the country’s ongoing anti-graft campaign in the financial sector, sources with knowledge of the matter told Caixin.

The current official, a regulatory veteran surnamed Chen, fell to his death at his home in Shenzhen on the night of June 25, the sources said. The other, Zhang Cheng, died at his home in Jiangsu province earlier that month. He was under investigation for alleged graft, according to the sources.

The same day Chen died, the China Securities Regulatory Commission (CSRC) had held a meeting to warn about corrupt behavior within the securities system, the sources said. All mid-level officials from entities overseen by the top securities watchdog attended online. It is not clear whether Chen tuned in.

The meeting was stern,