Everbright Securities head resigns amid probe of glitch
By Shi Jing in Shanghai | 皇冠体育app Daily | Updated: 2013-08-23 07:48
Trading of shares in company scheduled to resume on Friday
To nobody's surprise, Xu Minghao, president of the beleaguered 皇冠体育app Everbright Securities Co Ltd, which roiled the nation's stock market last week with an erroneous 7.2 billion yuan ($1.17 billion) in buy orders, resigned on Thursday, leaving regulators with piles of questions to address.
In a statement to the Shanghai Stock Exchange, Everbright Securities said its board of directors accepted Xu's resignation, four days after regulators announced a probe into the company.
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