HK – SFC Charges 4 with Illegal Short Selling

HK – SFC Charges 4 with Illegal Short Selling

On 23 June 2023, HK SFC said 4 people charged for illegal short selling.

  • HK FSC said 4 suspects who were charged with securities fraud and illegal short selling appeared at the Eastern Magistracy; the case will be adjourned to Aug. 18, 2023.
  • Discovered their suspicious trading activities during joint operation with the police.
  • The case will be transferred to district court for trial.