China's public security bureau has arrested a reporter for the Guangdong Province newspaper Xin Kuai Bao for covering the financial irregularities of heavy machinery manufacturer Zoomlion, according to Chinese language newspaper World Journal.
Chen Yung Zhou is being held by Changsha public security bureau in Hunan Province on charges of damaging commercial reputation, a criminal offense in China. From September of 2012 to June 2013, Chen reported on Zoomlion's falsification of its earnings reports and fraudulent marketing practices, according to the BBC.
Chen then submitted his reports to the Securities and Futures Commission of Hong Kong and China Securities Regulatory Commission.
Investigations by the Securities and Futures Commission of Hong Kong did not reveal any wrongdoing by Zoomlion.
Chen is the second reporter from Xin Kuai Bao arrested by public security bureau in as may months.
Changsha police released a statement posted on its microblog Sina Weibo which said that Chen had not personally visited the Zoomlion headquarters in Hunan Province to confirm the facts in his articles.
The All-China Journalists Association called on the public security bureau to protect the safety of Chen and and said that it will join in the investigation of Chen's case.