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China's Securities Regulatory Commission named Li Jizun as general manager of the Shenzhen Stock Exchange, according to a statement on Monday.
Reuters had reported, that Li, a senior securities official, was set to become general manager of the 27-trillion-yuan ($3.73-trillion) Shenzhen bourse, citing sources.
The exchange is China's second largest.
(Reporting by Bernard Orr and Beijing newsroom; Editing by Bernadette Baum)