Landmark Hong Kong case sees three jailed for market manipulation

Pump-and-dump scheme leads to highest sentence yet for market manipulation crime in the SAR after a SFC investigation.

Bianca Reyes

July 23, 2024

Hong Kong’s Court of First Instance decided on July 22 the sentences of Sit Yi-Ki, Tam Cheuk-Hang and Lam Wing-Ki, following a guilty verdict for the charge of conspiracy to carry out false trading in Ching Lee Holdings’ shares.

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