Reynolds Porter Chamberlain (HK)

Ho Siu Man, ex-ED of First Credit Finance (8215) disqualified for 7 years | Judgment
SFC, 21-Jul-2025
This company was in our Enigma Network of 2017. Amazingly, the SFC and Ho agreed that mitigating factors include: "In August 2018, Ho found her faith in Christ in a church in Hong Kong". Does this mean that atheists, lacking an imaginary god, risk longer sentences?

Tenwow (ex-1219) v PwC HK & PwC Zhong Tian LLP
HK Court of First Instance, 30-Sep-2024
Justice Anthony Chan criticises the defence for "8 pages of dense arguments" which are not proper grounds of appeal. "A carpet-bombing strategy was adopted where every conceivable point is taken or reargued." He refuses leave to appeal but grants a 7-day stay so that PwC can appeal directly to the Court of Appeal.

Tenwow (ex-1219) v PwC HK & PwC Zhong Tian LLP
HK Court of First Instance, 2-May-2024
Liquidators of the food and beverage maker allege negligence by PwC, the IPO accountants and auditors for 2013-2017, by failing to detect alleged defalcations, causing loss of RMB 3.1bn. PwC ZT claims it can't release 1500 audit documents without approval from mainland authorities and needs a Letter of Request from HK courts. Justice Anthony Chan rejects this.