China’s ‘Queen of Bonds’ Taken Away Amid Finance Anti-Graft Drive

China's 'Queen of Bonds' Under Investigation

Zhai Chenxi, a prominent figure in China’s bond market, has been taken by authorities for an investigation, according to multiple informed sources. Zhai gained significant recognition in the industry for her influential role in debt issuance and trading.

"Zhai Chenxi has been assisting authorities with their inquiries," said a source familiar with the situation. "Her involvement is part of a broader crackdown in the financial sector."

Context of the Anti-Graft Campaign

This action comes amid a wider government campaign targeting corruption and malpractice within China's financial institutions. The anti-graft drive aims to restore integrity and transparency to the bond market, which has seen rapid growth and increasing scrutiny in recent years.

Officials have emphasized the importance of rooting out misconduct to stabilize the financial system and protect investors.

Industry Impact and Reactions

Zhai’s detention has created ripples in China’s bond market, where she was seen as a key influencer. Market participants are watching closely as the government continues to investigate other figures connected to high-profile financial cases.

Zhai Chenxi’s case highlights ongoing efforts by Chinese authorities to reinforce governance in the financial sector and maintain market order.

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Caixin Global Caixin Global — 2025-11-27

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