Officials jailed for insider trading

BEIJING - The country's graft-busting authorities have vowed to keep a close eye on officials to punish insider trading, a news conference heard on Tuesday.

"The Ministry of Supervision is closely watching the new trend that some Party officials have been involved in insider trading," Yao Zengke, vice-minister of supervision, told China Daily.

High-profile cases mentioned by Yao include that of Xiao Shiqing, former Party secretary and president of China Galaxy Securities, who was sentenced to death with two years' reprieve in March for insider trading as well as taking bribes.