The Hong Kong Securities Regulatory Commission announced that, following previous prosecutions, the Hong Kong Eastern Magistrates' Court today found two former licensees Yip Chi-wing (male) and Choi Chao-qun (male) guilty of falsely trading shares of Shenji International Holdings Limited (Shenji). Ye & Choi manipulated and traded frequently between various securities accounts under their control from December 21, 2015 to October 17, 2016 to maintain the trading volume of Shenji shares, which led to an unreal increase in the trading volume of Shenji shares and caused false or misleading images of active trading.
香港证监会：法院裁定两名前持牌人进行虚假交易罪成
Hong Kong Securities Regulatory Commission: Court finds two former licensees guilty of engaging in false transactions
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