The legality of prediction markets in Hong Kong has been called further into question, with at least one international brokerage firm operating such a platform in the city, prompting the market regulator to say certain activities may be considered “financial products”. Lawyers were also split on whether the delineation between financial products and illegal gambling…
On a warm Saturday in early May, the kind of day most would choose to spend on a hike or at the beach, hundreds of Hongkongers instead stood for hours in a queue at Edinburgh Tower in Central. Two wholly owned subsidiaries of Chow Tai Fook Nominee (CTFN), a company linked to the Henry Cheng…
The city’s Court of First Instance granted a worldwide interim injunction order against the trio – former HKEX listing division staffer Chan Ching-wa and his relatives Lam Cho-man and Chau Chi-kwong – who were alleged to have used non-public company information to trade shares of at least seven Hong Kong-listed companies for profit or to…