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Filmmaker Raymond Wong begins jail term for insider trading

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

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

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Filmmaker Raymond Wong begins jail term for insider trading

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  1. SCMP — Tech TIER_1 English(EN) · Brian Wong ·

    Filmmaker Raymond Wong begins jail sentence, giving up bail as he awaits appeal

    Veteran Hong Kong filmmaker and actor Raymond Wong Pak-ming has begun serving his five-month prison sentence for insider trading after relinquishing his bail. The 80-year-old told West Kowloon Court on Wednesday that he would spend time behind bars while awaiting an appeal in the…