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Retail investor Tsui Hon Wai sentenced for false trading
SFC, 16-Jul-2010
Comment: the SFC contended that he intended the matched trades and wash trades "to attract buyers to the stock so he could sell out at better prices" - but if an increase in volume really attracts buyers, then why wouldn't it also attract sellers? We have trouble following the logic of the SFC's contention.
Organisations
- Asia Television Holdings Limited 亞洲電視控股有限公司
- Shanghai Fudan Microelectronics Group Company Limited 上海復旦微電子集團股份有限公司
- Shenzhou Space Park Group Limited 神舟航天樂園集團有限公司
- Zhejiang Yongan Rongtong Holdings Co., Ltd. 浙江永安融通控股股份有限公司
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