The local financial regulator has extended the blanket ban on shorting until May but a partial ban will be in place after that, raising criticism from some experts.
Two former staff of the bank have been banned from the industry for life in Hong Kong following convictions for fraud related to the sale of unit trust funds.
Wong Lap-Yin made unauthorised trades on a client’s account to raise the prices of shares. He has received a three-year ban.
Chan Hau-Wing has received a two-year ban from Hong Kong's securities regulator for conducting unauthorised trades while working for Yue Xiu Futures.
A former employee of Wing Lung Bank has been banned from the industry for life after committing fraud in the sale of investment products. She was convicted of the offence last year.
Raaj Shah, former chief investment officer and co-founder of the Hong Kong hedge fund manager, cannot re-enter the industry for 12 months.