Chinese Authorities Ban Charles Wang Zhonghe from Leaving Mainland China: Nomura Holdings Head of China Investment Banking

Chinese authorities have banned Charles Wang Zhonghe, head of China investment banking for Nomura Holdings, from leaving mainland China. Photographed in March 2015 (2023 Reuters/Kim Kyung-Hoon)

[香港 ２５日 ロイター] – – Chinese authorities have banned Charles Wang Zhonghe, head of China investment banking for Nomura Holdings (8604.T), from leaving mainland China. This was revealed by two people involved.

It was not immediately clear when he was banned from leaving the country. Wang is based in Hong Kong, according to his profile on the business networking site LinkedIn, but his nationality was not immediately known.

A Nomura spokeswoman in Tokyo declined to comment. Reuters reached out to Wang for comment via LinkedIn, but he did not respond.

The British newspaper Financial Times (FT), which first reported on the matter, cited people familiar with the matter, saying the ban was imposed on Bao Fan, chairman of Chinese investment bank Huaxing Capital Holdings, and former president Cong Lin. ) is related to China’s investigation into Mr.

In February, Reuters and other media reported that Mr. Chuolin was accused of misconduct when he was CEO of ICBC International, a subsidiary of the state-run Industrial and Commercial Bank of China (ICBC). It is believed that he is under investigation.

Mr. Wang worked at ICBC International from 2011 to 2016. One of the people said Mr. Wang is cooperating with authorities in their investigation into Mr. Chuolin, which requires him to stay in mainland China.

Asked at a regular press conference on the 25th why the Chinese were barred from leaving the country, Chinese Foreign Ministry Spokesperson Wang Wenbin said he was unaware of the situation.

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2023-09-25 16:01:00
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