“Broker Butcher” Wu Qing is named the next chief of securities regulator by China
In order to help Beijing through the turbulent waters of a market slump, China’s Cabinet named Wu Qing, a seasoned investor, as head of the China Securities Regulatory Commission on Wednesday, according to official media Xinhua. Wu Qing replaced Yi Huiman in this role. Wu, who went by the nickname “Broker Butcher” for his harsh…