Tung Shing Securities (Brokers) Limited 東盛證券(經紀)有限公司

Mr Zhang Xiao Ming v SFC
SFAT, 18-Feb-2011
If you've ever wondered how some sponsors get to the required number of public shareholders for a listing, this ruling spells it out. 87 retail "clients" at the Wanchai Branch of ICEA Securities subscribed in the placing of Lang Chao (now Inspur, 0596) and then sold 8,712,000 shares for $0.005 more than the IPO price of $0.36 on the first day, to a company owned by the sponsor. The allotment results showed only 116 placees in total.
SFC bans Ricky Kwan Po Kit for 5 years and fines him HK$228k
SFC, 5-Jul-2010
SFC bans Gary Sik Siu Kwan for 4 months
SFC, 5-Jul-2010
Note: the only IPO sponsored by ICEA Capital in 2004 was Lang Chao International Ltd (then 8141, now Inspur International Ltd, 0596).
Suspended jail term for false trading
SFC, 31-May-2010
SFC bans Mr Chen Wei, formerly of ICEA, for 4 months for misconduct
SFC, 17-Nov-2009
Note: the only IPO sponsored by ICEA Capital in 2004 was Lang Chao International Ltd (then 8141, now Inspur International Ltd, 0596)
SFC resolves compliance issues with ICEA Capital Ltd & ICEA Securities Ltd, fines them HK$38m
SFC, 6-Jun-2008
ICEA déjà vu
We look at the latest action by the SFC against ICEA, the second in three years, and also at the complicated structure of state-controlled banking giant ICBC in Hong Kong. (6-Jun-2008)
SFC bans Mr Chan Tit Yuen for 1 year
SFC, 19-Nov-2007
Suspended jail term and HK$12,400 fine for market manipulator Mr Chan Tit Yuen
SFC, 5-Sep-2007
Once again the SFC encourages investors to believe that orders on a screen should give some kind of signal to the market. Any participant should be able to mask his intentions by posting orders in the opposite direction, or only displaying part of his supply or demand, as long as he is not trading with himself and is able to honour the orders if they are executed.
Ms Wan Yin Ying v SFC
SFAT, 17-Aug-2007
SFC suspends Mr Leung Pui Kin for 6 weeks for assisting a dishonest colleague
SFC, 1-Feb-2005
SFC suspends Mr Chung Chi Yip for 9 weeks for account opening failings
SFC, 20-Sep-2004
SFC prosecutes Mr Lam Ka Yuk for unregistered dealing and Mr Chan Kin Hung for aiding & abetting
SFC, 21-Oct-2003
SFC reprimands Mr Lau Chun Wai for allowing third parties to operate client accounts
SFC, 30-Sep-2003

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