"Pan Jiang, chief executive of asset manager Shanghai V-invest Co, said the cases were "beyond description". "If regulators just let bad guys walk away, it would be a huge blow to investor confidence," he said.Officials appear to be listening. China's top securities regulator, Yi Huiman, told a conference on May 11 that "those who did bad things must pay the price". Companies also face more straightforward crimes such as theft.But cash, sitting in bank accounts, is low on that list. Reuters could not reach a representative for detained shareholder Zhong.Kangmei did not immediately respond to a request for comment.

Source: The Star May 20, 2019 03:45 UTC