News Snapshot:
Hong Kong Court Convicts & Fines 2 Investors $14,000 for Illegal Short Selling on 7 Stocks 19th August 2022 | Singapore The Hong Kong court has convicted and fined 2 investors (Siblings Chan Siu Tai & Janice Chan) $14,000 (HKD 114,000) and to pay the cost of investigation by Hong Kong SFC (Securities & Futures Commission), after pleading guilty to illegal short selling of 7 stocks. Hong Kong SFC: “The Court heard that on 27 occasions between 19 June 2019 and 5 September 2019, they placed orders to sell shares of seven listed securities on the Stock Exchange of Hong...
