Market Chatter: Former China Everbright's Chairman Sentenced to 12 Years in Jail Over Corruption

MT Newswires Live12-11

China Everbright Group's former chairman Tang Shuangning was given a 12-year sentence for corruption, bribery, and abusing his position for personal gains, state broadcaster CCTV reported Tuesday.

Tang, who was arrested in January on suspicion of taking bribes, was also fined 1.3 million yuan, the report said.

China Everbright Group's subsidiaries include China Everbright Ltd. (HKG:0165), Everbright Securities (HKG:6178, SHA:601788) and China Everbright Bank (HKG:6818, SHA:601818).

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2490004435?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-11 12:29","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2490004435","market":"fut","top_or_hot":-1,"title":"Market Chatter: Former China Everbright's Chairman Sentenced to 12 Years in Jail Over Corruption","media":"MT Newswires Live","content":"<html><body><p> China Everbright Group's former chairman Tang Shuangning was given a 12-year sentence for corruption, bribery, and abusing his position for personal gains, state broadcaster CCTV reported Tuesday.</p><p>Tang, who was arrested in January on suspicion of taking bribes, was also fined 1.3 million yuan, the report said.</p><p>China Everbright Group's subsidiaries include China Everbright Ltd. (HKG:0165), Everbright Securities (HKG:6178, SHA:601788) and China Everbright Bank (HKG:6818, SHA:601818).</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market Chatter: Former China Everbright's Chairman Sentenced to 12 Years in Jail Over Corruption</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket Chatter: Former China Everbright's Chairman Sentenced to 12 Years in Jail Over Corruption\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-11 12:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>China Everbright Group's former chairman Tang Shuangning was given a 12-year sentence for corruption, bribery, and abusing his position for personal gains, state broadcaster CCTV reported Tuesday.Tang...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1231","symbol_name":"综合性银行","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2490004435","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2490004435","pubTimestamp":1733891381,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"China Everbright Group's former chairman Tang Shuangning was given a 12-year sentence for corruption, bribery, and abusing his position for personal gains, state broadcaster CCTV reported Tuesday.Tang, who was arrested in January on suspicion of taking bribes, was also fined 1.3 million yuan, the report said.China Everbright Group's subsidiaries include China Everbright Ltd. , Everbright Securities  and China Everbright Bank .","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"513600":"恒生指数ETF","601788":"光大证券","601818":"光大银行","BK1231":"综合性银行","BK0187":"一线龙头","SGXZ81163826.USD":"UNITED CHINA A-SHARES INNOVATION \"A\" (USD) ACC","02833":"恒指ETF","BK0012":"证金概念","BK1564":"中资券商股","HOJW.SI":"HSI 23400MBeCW241230","BK0201":"可转债","BK0276":"资本市场","06178":"光大证券","BK1560":"内银股","BK0278":"货币金融","HSI":"恒生指数","BK0188":"融资融券","BK1147":"投资银行业与经纪业","BK1138":"综合性资本市场","SGXZ49509284.SGD":"United China A Shares Innovation A Acc SGD","BK0015":"沪股通50","BK0028":"国家队","BK0183":"MSCI概念","06818":"中国光大银行","00165":"中国光大控股"},"translate_title":"市场热议：光大前董事长涉贪获刑12年","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"513600":0.6,"601788":0.9,"601818":0.9,"HOJW.SI":1,"06178":0.9,"06818":0.9,"HSI":0.9,"00165":0.9,"MCHmain":0.6,"HHImain":0.6,"02833":0.6},"content_text":"China Everbright Group's former chairman Tang Shuangning was given a 12-year sentence for corruption, bribery, and abusing his position for personal gains, state broadcaster CCTV reported Tuesday.Tang, who was arrested in January on suspicion of taking bribes, was also fined 1.3 million yuan, the report said.China Everbright Group's subsidiaries include China Everbright Ltd. (HKG:0165), Everbright Securities (HKG:6178, SHA:601788) and China Everbright Bank (HKG:6818, SHA:601818).(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2490004435"}