On 31 March 2020, HK SFC banned former CEO/RO of China Rise until 29 July 2022.
- Former RO and ex-head of dealing of China Rise also suspended until 29 October 2020.
- Disciplinary action follows CEO's earlier convictions in 2017 for illegal short selling.
- Both had failed to discharge duties as members of China Rise’s senior management, and their failures contributed to the breakdown in China Rise’s internal controls.
