China probes another state energy official

Another high-ranking official at one of China’s state energy firms has come under an anti-corruption probe, The Wall Street Journal reported, citing the official Xinhua News Agency. Tianjin Gas Group Chairman Jin Jianping, is being investigated on suspicion of “serious discipline violations.” Earlier this month, the company said Jin resigned as chairman of its Hong Kong-listed unit, Tianjin Jinran Public Utilities (1265.HKG). This follows a similar probe into Jiang Jiemin, the former chief of China National Petroleum Corporation (CNPC) and head of China’s state-owned assets administration, as well as at least four other senior executives from state-controlled CNPC or its listed unit PetroChina (PTR.NYSE, 601857.SH, 1857.HKG).