SFC fines Mr Chung Tung Sau, ex-China Tonghai Securities, HK$60k, suspends him for 7 monthsStatement of Disciplinary Action
SFC, 15-Dec-2022
For front-running a client's order from 1-11 Aug-2017. Our records indicate that he left China Tonghai (then known as Quam) on 31-Aug-2017 and joined Zhongtai International Securities on 24-Oct-2017, ceasing to represent them the day before this announcement.
SFC freezes accounts in suspected social media pump & dumpCCASS movements
SFC, 18-Feb-2021
They don't name the stock, but Webb-site can tell you it's probably Macau E&M (1408) which listed at $1.00 on 11-Sep-2020 and closed at $4.36 on 25-Nov-2020 before crashing 81.9% the next day. See the movements in our CCASS Analysis System.
SFC restricts accounts at 9 brokers for suspected manipulation of China Ding Yi Feng (0612)
SFC, 25-Jun-2019
The "Statement of Reasons" for this has not been published. It follows 9 earlier restriction notices in relation to the same stock on 20-Mar-2019.
SFC restricts accounts at 14 brokers for suspected manipulation of Smartac (0395)
SFC, 25-Jun-2019
Huarong and the Chung Nam Network
Webb-site can reveal another SFC investigation underway involving dealings in Pak Wing (8316). The manipulation of this GEM bubble reveals another connection between China Huarong (2799) and what we call the "Chung Nam Network". The more we scrutinise Huarong, the worse it looks. Will the State end up bailing out the bailer? (3-Oct-2018)
China Fordoo (2399) controller moves 50.9% from Zhongtai to Donghai
This comes 1 year and 1 day after the block moved from HSBC to Zhongtai. The shares were pledged to Zhongtai, so this suggests that the controller (owned by the Chairman and his wife) may have remortgaged the shares. The SFC issued a concentration warning on the stock on 16-Dec-2016. (14-Dec-2017)
Chairman moves 74.93% of China Graphene (0063) from Zhongtai to ABCI
According to filings, the shares were pledged on 14-Dec-2016 to Zhongtai Dingfeng Classified Fund SP, managed by Zhongtai International Asset Management Ltd. Almost a year later, perhaps they have just been repledged to a different lender. Chairman Li Feng Mao holds the shares via HK Guoxin Investment Group Ltd. ABCI is wholly-owned by Agricultural Bank of China (1288). (13-Dec-2017)
SFC fines Zhongtai International Securities Ltd HK$2.6m for AML issues
SFC, 14-Mar-2017
China Fordoo (2399) controller moves 51% from HSBC to Zhongtai

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