UBS SECURITIES HONG KONG LIMITED

SFC fines UBS HK$375m and suspends its sponsor licence for 1 year
SFC, 14-Mar-2019
Over the IPOs of China Forestry in 2009 (now delisted), Tianhe Chemicals (1619) in 2014 and a third as-yet unnamed listing application, which is almost certainly China Metal Recycling (Holdings) Ltd, listed in 2009 and ordered in 2015 to be wound up.
Chairman Yu Pan moves 51% of Skyfame Realty (0059) from UBS to Haitong on 8-Dec-2017
 (9-Dec-2017)
Hiding behind the cornerstones
Webb-site reveals that investors who took 31% of a bank IPO had secretly laid off their risk by issuing derivatives to a mainland property developer from the same city, via two HK-listed companies which incidentally are bubble stocks. When we complained, HKEX did not require disclosure of the bank’s identity, thereby preserving the secrecy behind the cornerstone investors which facilitate HKEX’s IPO business. Once again, the regulatory conflict of interest is exposed. (3-Oct-2016)
AP investigation on Tianhe Chemicals (1619)
Associated Press, 14-Nov-2014
Note: the IPO actually had 3 sponsors: Morgan Stanley, UBS and BofA Merrill Lynch.
UBS probe to focus on banker's dealings with state firm
South China Morning Post, 19-Apr-2014
Webb-site notes that Helen Yang Lijuan was a licensed representative of Credit Suisse (HK) Ltd from 11-Aug-2009 to 22-Mar-2012. Credit Suisse was the joint sponsor of the re-flotation of China Resources Cement (1313) in a prospectus dated 21-Sep-2009.
China Resources chairman Song Lin investigated for graft after journalist's accusations
South China Morning Post, 17-Apr-2014
UBS orders internal probe as banker is named in affair, graft allegations against state firm chairman
South China Morning Post, 16-Apr-2014
SFC fines UBS HK$1.6m for regulatory breaches
SFC, 21-May-2013
SFC fines UBS Securities Hong Kong Ltd HK$100k for FRR breaches
SFC, 19-Aug-2004

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