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Intern’s leaked video clip exposes chaotic management at leading Chinese brokerage
- ‘The content of the clip leaked sensitive information about our customers and violated the company’s compliance rules,’ China Securities said
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Daniel Renin Shanghai
China Securities, the sixth-largest brokerage in mainland China, has found itself in a tight spot after an intern leaked information about its clients, causing yet another stir in the country’s embattled securities industry.
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The Beijing-based brokerage said in a statement on Friday that a video clip containing the company’s name and logo was filmed by an intern without permission.
“The content of the clip leaked sensitive information about our customers and violated the company’s compliance rules,” China Securities said. “We have launched a procedure to hold relevant people accountable for the mistake.”
The company said it would strengthen internal management and introduce disciplinary actions to ward off such leaks in the future.
At least two documents about clients’ fundraising plans were contained in the short video clip of a university student showing his internship experience at China Securities. The logo of another client is also visible in the video.
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