Hong Kong producer Raymond Wong found guilty of insider trading

Hong Kong film producer and actor Raymond Wong Pak-ming has been found guilty of sharing insider information with his sister to trade shares of an entertainment company he chaired in 2017, netting her more than HK$1 million (US$127,650) in profit.
Magistrate Ko Wai-hung at Eastern Court on Friday found Wong had made “absurd and illogical” explanations for his messages to younger sister Jenny Wong, ruling he had knowingly advised her to buy shares in Transmit Entertainment, a television series…

المصدر: SCMP — World