Bo Xilai case ensnares Ag Bank's funds JV

Aug 16, 2012

ABC-CA fund management, a unit of Agricultural Bank of China, appoints a new chairman to replace Yang Kun, who has been detained on unspecified charges.

Bo Xilai case ensnares Ag Bank's funds JV

Agricultural Bank of China (ABC) has seconded Diao Qinyi to its joint-venture fund management company, ABC-CA, as its new chairman to replace Yang Kun, who has been detained and is being investigated by China’s governmental departments, according to a filing yesterday.

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