Sun Hung Kai Investment Services must pay HK$1.5 million after internal control failures. Separately, a retail investor is imprisoned for falsely trading shares of Kaisa Group.
Tag : sun hung kai
Esther Lee Ying Chih, from Sun Hung Kai Financial, and Leung Kam Yu, formerly of Sun Hung Kai Investment Services, are not allowed to re-enter the industry for three years.
According to the boss of SHK Fund Management, research suggests that hedge funds outperform the rest of the investment world.
The Hong Kong regulator penalises Sun Hung Kai Investment Services for a longstanding lapse that allowed front-running of client trades.
Repurchase initiatives taken by Sun Hung Kai Investment Services and KGI Asia have been completed.
Hong KongÆs Securities & Futures Commission has reprimanded the company for inadequate internal and compliance controls.
The fund will be managed by Paulson & Company, best known for successfully betting against US subprime loans.
A landmark property derivative trade between ABN AMRO and Sun Hung Kai could open the door on a market worth billions of dollars.