ORIENT SECURITIES (HONG KONG) LIMITED 東方證券(香港)有限公司

Orient Securities (HK) Ltd v Allan Sing Hock Seng
HK Court of First Instance, 31-Aug-2018
Mr Sing is declared bankrupt. He owes the broker HK$49m in margin loans, secured only on 400,000 Hanergy (0566) shares and 51m Tech Pro (3823) shares. Tech Pro was a bubble which we warned readers about on 24-Sep-2015; it reached a closing high of $2.75 on 3-May-2016 and burst on 28-Jul-2016. It was suspended at $0.068 on 9-Nov-2017.
SFC bans Gong Yueyue for 15 years
ICAC, 16-Nov-2015
The listed company on which Mr Gong reported was China Household Holdings Ltd (0692).
Gong Yueyue, ex-Head of Research at Orient Securities (HK), jailed for 1 year
ICAC, 25-Feb-2015
Research head Gong Yueyue charged with taking bribe for report on China Household (0692)
ICAC, 19-Sep-2014
Mr Gong is a Responsible Officer of Orient Securities (HK) Ltd. We wonder who allegedly paid him the bribe.

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