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Hong Kong film producer gets 5 months for insider trading

Hong Kong film producer Raymond Wong has been sentenced to five months in prison for insider trading. The 80-year-old was found guilty of tipping off his sister about share trades in a company he chaired in 2017. He was also fined HK$99,000 and ordered to pay HK$370,000 in legal costs, though he has been granted bail pending an appeal. AI

RANK_REASON This is a legal case involving insider trading, not a core AI development or release.

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Hong Kong film producer gets 5 months for insider trading

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  1. SCMP — Tech TIER_1 English(EN) · Fiona Chow ·

    Hong Kong film producer Raymond Wong sentenced to 5 months for insider trading

    A Hong Kong court has sentenced veteran film producer and actor Raymond Wong Pak-ming to five months in prison for sharing insider information with his sister to trade shares in an entertainment company he chaired in 2017. However, the 80-year-old will not have to begin serving t…