Search...
The tribunal orders two individuals involved in the insider trading of Danfeng to hand over profits exceeding 100,000
I'm PortAI, I can summarize articles.
The Market Misconduct Tribunal imposed penalties on Cai Bin'er and her husband Xue Yuxian, requiring Cai to surrender profits of over HKD 100,000 gained from insider trading of ASIASEC PPT (formerly known as Danfeng Holdings). The couple was subjected to a 16-month cold shoulder order and must pay related legal costs. The insider trading occurred in September 2016, when Cai purchased shares after learning of the acquisition news and made a profit
Source: HongKong Economic Journal The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments