China's former high-ranking official with the China Securities Regulatory Commission (CSRC), Wang Huimin, was sentenced to death with a two-year reprieve on Tuesday over bribery charges involving more than 436 million yuan (US$65 million). The Chengdu Intermediate People’s Court stated the amount was "especially large" and caused "especially heavy losses to the interests of the state and the people." Wang, who served on the CSRC's Communist Party committee from 2014 to 2019, showed a cooperative attitude and disclosed previously uncovered bribery, leading to the reprieve. His sentence will be commuted to life imprisonment without parole after two years. This verdict comes as Beijing continues its anti-corruption campaign, following a recent plunge in China's stock market and ahead of a high-level Communist Party meeting where discipline is a key agenda item. Other former CSRC officials, including Yi Huiman and Fang Xinghai, have also been investigated for bribery.