Citic Securities said it has been unable to contact two executives, Chen Jun and Yan Jianlin

  • Both are members of the brokerage's eight-person executive committee
  • Chen is head of Citic Securities' investment-banking business
  • Yan leads investment banking at its international unit
  • Citic says that otherwise all operations are normal
  • Some media reports had mentioned that Chen and Yan were "suspected of being requested to assist in an investigation," Citic said in its statement
  • The two were taken away by authorities and it's uncertain whether they were being investigated or assisting in a probe, the Caixin magazine reported Dec. 4 on its website

Bloomberg

That doesn't sound too good, does it?