Market Manipulation

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Hong Kong's largest market manipulation trial commenced

Check out the latest market value of the Hong Kong hotel was artificially pushed up HK $4 billion for the trial of HK's largest market manipulation in Hong Kong 4 persons were charged with conspiracy to manipulate the Pan Sea Hotel shares transaction and were convicted of making a city in the District Court of Hong Kong in Friday. The case will be adjourned to November 26 for sentencing.  The SFC has pointed out that this is the largest market-manipulation case in Hong Kong. The defendant, Chen Maiyuan (aged 46), his Aunt Ouyang (45), Brother Chen Maida (42) and friend Xu Shao (54), were convicted of conspiracy to ... from August 1, 2005 to September 5.

$4 billion in Hong Kong's largest market manipulation conviction

Looking at the latest market in September, when Morgan Stanley's former chief executive, Mr Du, was convicted of insider trading, the most-involved securities market operation in Hong Kong was convicted in Friday. According to the SFC's announcement, 4 people, such as Chen Maiyuan, are involved in controlling the Pan Sea Hotel 00292. HK) share price, creating market illusion, artificially pull high market value of HK $4 billion. The case was prosecuted by the Attorney General of Hong Kong on behalf of the HKSAR Government. After a two-week trial, the Hong Kong District Court convicted 4 persons of manipulating the market in Friday. The case was adjourned to November 26 and 4 persons were allowed ...

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