On July 30,2 chairmen of the Shanghai-listed Dongfang...

On July 30,2 chairmen of the Shanghai-listed Dongfang Boiler (Group) Company Ltd. were given the death penaltyafter allegedly selling shares ahead of the company's initial public offering, allowing them to embezzle more than RMB 2 million ($241,586) each. It is believed to be the first time in China that the death penalty has been meted out for a securities-related crime.