CITIC Securities interns 'show off' leaked project information, other securities firms 'rapidly' strengthen management

On July 26th, Jin10 Data reported that CICC Securities was involved in a public opinion storm due to a short video showing off wealth by a college freshman intern. Shortly after the video spread widely, some securities firms had taken action. An investment banker from a securities firm told reporters that after the intern’s video sparked discussion, his department leader required strict management of the scope of interns’ contact with confidential information and files. Another securities investment banker said that his institution had already required strengthened management of employees’ self-media accounts.