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Five dealers fined

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Five Hong Kong stock and foreign exchange dealers were fined $7,500 each yesterday for providing false or misleading statements to the Securities and Futures Commission.

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Chan Shiu-kai, Yeung King-lau, Li Pun-wing, Cheng Chi-wai and Tam Chui-yan were convicted of providing false statements that they had no criminal convictions.

Chan, Yeung, Li and Cheng had applied to become licensed representatives of Emperor International Exchange (Hong Kong), and Tam to become a dealer's representative of Honfirst Securities.

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