Former Citic Pacific exec guilty of insider dealing
Hong Kong's Securities and Futures Commission exhibits a continued hard line on market abuse with the conviction of Simon Chui.
Simon Chui Wing Nin, a former assistant director of finance at Citic Pacific, was convicted on Friday of insider dealing in the Hong Kong conglomerate’s shares prior to a profit warning issued in 2008.
Chui was found guilty following an eight-day trial in the Eastern Magistracy. He had pleaded not guilty to two charges. The case was adjourned to November 27 for sentencing.
The action reflects the hard line taken by Hong Kong's Securities and Futures Commission against market abu…
Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
¬ Haymarket Media Limited. All rights reserved.