Du Jun

Business Digest, March 5, 2013

Du Jun

SFC fines Manulife Asset Management

Tuesday, 5 March, 2013, 4:47am

Convicted insider trader abandons final appeal

Du Jun

Former Morgan Stanley managing director Du Jun, who was convicted in Hong Kong's biggest-ever insider trading case, has withdrawn his application to appeal against the decision.

3 Jan 2013 - 4:36am

Investors in insider trading case face delay in getting money back

Du Jun

Investors are not expected to receive compensation anytime soon from Hong Kong's biggest insider trader and former Morgan Stanley managing director, Du Jun.

A court yesterday heard that Du is seeking to appeal to the Court of Final Appeal - the top court in the city - after the Court of Appeal dismissed his appeal against conviction last month.

6 Oct 2012 - 4:42am

SFC faces battle to identify victims of malpractice

Securities and Futures Commission

Nearly a decade after legislating to allow Hong Kong's securities watchdog to seek compensation on behalf of investors, there is likely to be a problem defining - and finding - victims to compensate.

25 Sep 2012 - 3:49am

Hong Kong appeal court slashes fine for inside trader Du Jun

Du Jun

Hong Kong's biggest insider trader and former Morgan Stanley managing director Du Jun lost his appeal against his conviction but had his jail term cut and fine sharply reduced.

21 Sep 2012 - 4:03pm

Inside trader says he made 'only' HK$1.7m on deals

The man convicted of Hong Kong's biggest insider dealing case yesterday argued in the Court of Appeal that he made 'only' HK$1.68 million in profit from his HK$87 million of illegal trades, in a bid to reduce the fine.

28 Apr 2012 - 12:00am

Jailed banker 'borrowed huge sum to buy shares'

Former Morgan Stanley managing director Du Jun (pictured) borrowed a huge amount to buy Citic Resources shares in 2007, which could be strong evidence that he conducted insider deals, the Court of Appeal heard yesterday.

Du is appealing against a District Court verdict in 2009 convicting him of insider dealing. He was jailed for seven years and fined HK$23 million.

27 Apr 2012 - 12:00am

Inside dealer punished - but gets to keep profit

Pablo Chan Pak-hoe was sentenced for insider dealing yesterday, but he got to keep his ill-gotten gains.

Magistrate Anthony Yuen Wai-ming gave the toy merchant 240 hours of community service - but did not order him to pay back the HK$120,000 profit made from the deal, the first time a court in the city has been so lenient.

20 Aug 2010 - 12:00am

Insider trader's funds tapped to pay fine

Du Jun, the former Morgan Stanley banker imprisoned for insider trading, has had part of his asset base unfrozen to pay the HK$23.3 million fine imposed on him. The Securities and Futures Commission, which has seized HK$32 million of Du's funds, also wants him to repay investors who sold him the shares.

13 Apr 2010 - 12:00am