Foreign media: The Securities and Futures Commission's anti-corruption unit suddenly raided Infini, and JP Morgan and UBS have cut off their prime brokerage business relationship
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The Hong Kong Securities and Futures Commission and the Independent Commission Against Corruption conducted surprise searches at two major brokerages and a hedge fund management company, involving CITIC SEC, Guotai Junan International, and Infini Capital Management. JP Morgan and UBS had severed their prime brokerage relationships with Infini before the investigation and stopped providing services months ago. The investigation involves insider trading and corruption cases amounting to HKD 315 million, with eight people arrested
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Source: 香港 01 The copyright of this article belongs to the original author/organization.
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