On 30 December 2021, HK SFC fined company, director HKD 20k for offenses.
- HK SFC stated Wai Chun Holdings Group Ltd and director convicted of disclosure of interests offenses following guilty pleas relating to failure to make timely disclosures.
- Offenses concern acquisition of interests in Chinese Strategic on five occasions in 2017, which is contravention of Part XV of the Securities and Futures Ordinance (SFO).
- Defendants fined a total of $20,000 and ordered to pay the SFC’s investigation costs.
