Filmmaker Raymond Wong begins jail sentence, giving up bail as he awaits appeal
Filmmaker Raymond Wong has begun a five-month jail sentence for insider trading after relinquishing his bail. The 80-year-old was convicted of sharing non-public information about Transmit Entertainment, a company he chaired, with his sister Jenny. She subsequently purchased shares, resulting in a profit of approximately HK$99,000 and unrealized gains of HK$930,000. AI