China Galaxy Securities Co., Ltd. 中國銀河証券股份有限公司

SFC bans Wang Can, ex-China Galaxy, for 30 months, fines him HK$7,800
SFC, 16-May-2019
He was privy to information on a transaction by Linmark (now Daohe, 0915) and bought 40,000 shares, on which he made a profit of $7,800 ($0.195 per share) when he sold them on 5-Dec-2014, 2 days after the transaction was announced. The stock price ranged from $0.68-0.76 that day. It is unclear why he was not charged with Insider Dealing.
China Galaxy Securities (6881) cuts final dividend after going ex
Company announcement, 7-Aug-2015
More than 3 months after completing a share placement on 5-May-2015, and after going ex-dividend on 2-Jul-2015, CGS now says that the dividend will be cut by 21% from CNY 0.16 to CNY 0.126447 per share (pre-tax) in order to divide the same amount of profit over a larger share base. This is wrong-headed. Investors who sold on or after the ex-date but before this announcement will be worse off because of it. They also persist with the inane mainland habit of declaring dividends "per 10 shares" rather than per share.

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