Exchange Square, where the Hong Kong stock exchange is located in Central, on June 2, 2020. Photo: Winson Wong
Hong Kong’s regulators are on alert for ‘pump and dump’ tactics via social media network, in a stock market with few brakes
- Hong Kong police arrested 15 people on suspicion of conspiracy to defraud and money laundering by manipulating shares of Next Digital in August
- 20 per cent of market manipulation cases in Hong Kong are related to social media scams, SFC says
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Exchange Square, where the Hong Kong stock exchange is located in Central, on June 2, 2020. Photo: Winson Wong
