Ching Lee Holdings Limited 正利控股有限公司
Market manipulators convicted in landmark High Court jury trial
SFC, 29-May-2024
Yes, HK still does jury trials, just not on National Security charges. However, 2 of the alleged conspirators have left HK, and we're guessing that they are beyond the reach of HK extradition treaties, which many countries suspended after the National Security Law was promulgated to HK.
SFC, 29-May-2024
Yes, HK still does jury trials, just not on National Security charges. However, 2 of the alleged conspirators have left HK, and we're guessing that they are beyond the reach of HK extradition treaties, which many countries suspended after the National Security Law was promulgated to HK.
Court of Final Appeal unanimously dismisses appeal by suspected overseas manipulators
SFC, 31-Oct-2023
As reported by Webb-site yesterday.
SFC, 31-Oct-2023
As reported by Webb-site yesterday.
David Subotic & others v SFC
HK Court of Final Appeal, 30-Oct-2023
The appellants lose their final appeal on whether they can be served with a writ outside HK, in relation to alleged market manipulation of Ching Lee (3728) in 2016, when it was still on the GEM. Presumably the substantive case can now proceed.
HK Court of Final Appeal, 30-Oct-2023
The appellants lose their final appeal on whether they can be served with a writ outside HK, in relation to alleged market manipulation of Ching Lee (3728) in 2016, when it was still on the GEM. Presumably the substantive case can now proceed.
SFC obtains arrest warrants for fugitive alleged manipulators of shares of Ching Lee (3728)
SFC, 31-Aug-2020
SFC, 31-Aug-2020
SFC starts criminal prosecution for market manipulation of Ching Lee Holdings Ltd
| PDF
SFC, 13-Aug-2020
SFC, 13-Aug-2020
SFC obtains injunctions, suspects pump & dump of Ching Lee (3728) in 2016
SFC, 27-Aug-2019
The stock subsequently moved from GEM to the Main Board on 18-Sep-2017. The alleged manipulative scheme was planned and commenced before the listing on 29-Mar-2016 and lasted until the bubble burst on 7-Sep-2016. We note that the listing was sponsored by Kingsway Capital Ltd and the joint bookrunner was SBI China Capital Financial Services Ltd. As announced upon listing, the top 5 placees had 82.50% and the top 10 had 98.83% of the placing.
SFC, 27-Aug-2019
The stock subsequently moved from GEM to the Main Board on 18-Sep-2017. The alleged manipulative scheme was planned and commenced before the listing on 29-Mar-2016 and lasted until the bubble burst on 7-Sep-2016. We note that the listing was sponsored by Kingsway Capital Ltd and the joint bookrunner was SBI China Capital Financial Services Ltd. As announced upon listing, the top 5 placees had 82.50% and the top 10 had 98.83% of the placing.
Ching Lee (8318) allotments and concentration warning
| CCASS allocations
Company announcement, 24-Mar-2016
Company announcement, 24-Mar-2016
Sign up for our free newsletter
Recommend Webb-site to a friend
Copyright & disclaimer, Privacy policy