In breaking news from Epoch Times on October 31, 2025, after the fall of former chairman of the China Securities Regulatory Commission (CSRC) Yi Huiman, his son Yi Chenyang is rumored to be under investigation. Yi Chenyang’s qualifications in the Hong Kong financial industry were recently terminated, as shown on the website of the Hong Kong Securities and Futures Commission.
According to the official records, Yi Chenyang’s two regulated activities – securities trading and providing advice on corporate finance – were officially terminated on October 17, signaling a temporary halt to his career in the Hong Kong financial sector.
Yi Chenyang, the son of former CSRC chairman Yi Huiman, graduated in 2014 and joined UBS Group before moving to CICC the following year, where he served as the executive director of the investment banking division. He was involved in the preparations for Ant Group’s IPO in 2020 and held the qualification as the representative of CICC in Hong Kong.
On September 6th of this year, the Chinese authorities officially reported that Yi Huiman was under investigation. Reports from various media outlets have suggested that Yi Huiman was taken away for investigation around August 29, along with several of his family members.
Earlier, Ding Wei, former chairman of CICC Capital, was also taken away for investigation related to a large private equity investment project. Yi Chenyang, who worked under his father Yi Huiman at CICC, was also implicated in the case.
An article from the Financial Times on September 9 revealed that according to two sources familiar with the matter, Yi Chenyang was a rising star at China International Capital Corporation (CICC). Recently, due to the authorities’ investigation into his father, Yi Chenyang was also taken away by the relevant department.
Sources mentioned that Yi Chenyang resides in Hong Kong.