





‘We lost.’ Settlement in case against ‘King of Coconut Grove’ angers buyers of townhouses https://t.co/rhGDGFfbnQ
ASIC charges four over alleged ASX pump and dump Telegram scheme https://t.co/MHGuMyAHWp via @australian
Australia's regulator says four persons criminally charged for alleged market rigging https://t.co/MxlrLGKp1Z https://t.co/WUjbhRHyTQ

A Hong Kong court has sentenced three people to up to six years and eight months in jail for manipulating shares of Ching Lee Holdings in a landmark case. This marks the longest sentence ever handed out for market manipulation in the financial hub. In a related case, hedge fund manager Jonathan Iu was ordered to disgorge HK$5.6 million in profits from false trading and was disqualified for four years. The profit was found in his mother's account, with no evidence that it flowed back to him. The SFC submitted that the MMT...