Hong Kong's Court of First Instance has ordered Tsoi Bun to pay HK$13.7 million to around 500 investors due to price manipulation of futures contracts.
Tag : du jun
Du Jun has been ordered to make the payment to investors after conducting insider dealing in Citic Resources stocks listed in Hong Kong.
The regulator fines the firm $3 million for inadequate customer profiling in the distribution of a fund from 2007 to 2012. Separately, it bans a former Morgan Stanley Asia banker for life.
