Prosecutor urges tough sentence in big insider trading case

Former fund manager allegedly made profits of 18.83m yuan

China's supreme prosecutor has lodged a protest against a local court ruling on an alleged insider trading case involving more than 1 billion yuan ($162 million) in funds, with the country's Supreme People's Court, a circular said on Wednesday.

Ma Le, a 32-year-old former fund manager, had allegedly made illegal profits of 18.83 million yuan from insider trading worth 1.05 billion yuan.