Action looms on inaction Last Thursday the Securities and Futures Commission (SFC) issued a grave-sounding enforcement action, suspending one Raymond Wong Ping-chung for four months 'for deceiving an employer in account opening and accepting orders from unregistered staff and a third party without authorisation'. On Friday, however, the SFC issued a qualifying announcement saying 'the suspension has been held in abeyance until further notice'. Mr Wong, who had moved without informing the SFC of his address, complained he had not received any correspondence concerning his suspension. Though Mr 'Wong was obliged to notify the SFC of any change of address but failed to do so', the SFC nevertheless decided to grant him 'an extra two weeks to respond to the grounds for suspension'. It also reserved 'the right to take action against Wong for failing to report his change of address'. Why is it that we suspect Mr Wong has little to worry about? Flying the flag Victor Li Tzar-kuoi, along with his dad, was in Beijing two weeks ago displaying his patriotism over tea and biscuits with top state leaders. Last week he sought to buy a stake in Air Canada and ever the patriot, Mr Li is apparently set on doing the right thing by his countrymen. 'Being a Canadian himself, he would like to keep it in Canadian hands,' said Cheung Kong (Holdings) spokeswoman, Wendy Tong-Barnes, in the Calgary Herald. 'He's Canadian and we're pro-Canada. His wife is Canadian; his three kids are Canadian. He met his wife in Canada so [there are] definitely strong ties,' opined Ms Tong-Barnes. Oh, and it's a good deal.