Wilson Fung, who is appealing a misconduct in public office conviction, made a bail application on Thursday. Photo: Handout

Former Hong Kong civil servant jailed for misconduct applies for bail ahead of appeal

  • Wilson Fung is appealing a conviction and sentence relating to his failure to declare property dealings with a businesswoman, who was also his lover
  • Judge adjourns the ex-economy official’s bail hearing to next month
Topic |   Hong Kong courts

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Wilson Fung, who is appealing a misconduct in public office conviction, made a bail application on Thursday. Photo: Handout
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Julia Leung Fung-yee, deputy chief executive of Securities and Futures Commission, says the watchdog will issue guidelines for underwriters on IPO and bond sales. Photo: Dickson Lee

Hong Kong’s market regulator to come down hard on misconduct, steps up oversight of underwriters

  • Misconduct can undermine investor confidence in the integrity and transparency of the markets, says Julia Leung, deputy CEO of Securities and Futures Commission
  • Brokers urge the SFC not to overregulate markets as it would result in fewer IPOs and turnover, which could further affect the struggling securities industry
Topic |   SFC

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Julia Leung Fung-yee, deputy chief executive of Securities and Futures Commission, says the watchdog will issue guidelines for underwriters on IPO and bond sales. Photo: Dickson Lee
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