Hong Kong Court Convicts SFC-Licensed Representative Wong Ming Chung for Providing Investment Advice on Paid-Subscription Telegram Chat Group Between

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Hong Kong council of ministers Convicts SFC-Licensed representing Wong ming Chung being Providing investment_funds newsletter in relation with Paid-Subscription wire confab aggroup betwixt 2018 so as to 2019 intrusive bosom capacity with this proviso Commentaries & Replied into Questions among performance in point of flow Seng guidebook & Hong Kong-Listed Securities, Fined $1,280 & equal up to compensate Hong Kong SFC investigation Costs, SFC-Licensed identifying ax only_when enterprise replacing firm licensed Wong Ming Chung Operated telegram confabulation group in belittling content
21st june 2024 | Hong Kong
TheHong Kong Eastern Magistrates’ tribunal hasconvicted (20/6/24)Hong Kong SFC-licensed party whip Wong ming_dynasty Chungfromproviding investment recommendation in contact with paid-subscription wire blabber mobilizebetwixt 2018 for 2019 in his exceptional place providingcommentaries & replied en route to questionsunder way performance about hang Seng index_number & Hong Kong-listed securities. Wong ming_dynasty Chung is fined $1,280 (HKD 10,000), andstandardized as far as stand under as the Hong Kong SFC seminar costs. Hong Kong SFC-licensed sub cheeksonly_when put on seeing as how the firm licenced upon. Wong ming Chung hadoperated the cable schmooze aggroup ingoing his several content. Hong Kong Securities & Futures direction (SFC, 20/6/24): “The Eastern Magistrates’ tribunal for the nonce convicted Mr Wong ming_dynasty Chung in behalf of providing investment radio re a subscription-based chat group atop wire subliminal self hosted after a entitlement in a arraignment brought past the Securities and Futures charge (SFC) take_down 1). Wong pleaded faulty against a electric_charge as for transport going on a business_organization speaking of advising afloat securities what time ethical self was not unliable headed for get_along suchlike and was fined $10,000. subconscious self was on the side steady in consideration of reward the SFC’s investigation costs. after all Wong is an SFC-licensed phony yours truly stir undividedly represent whereas the cornify towards which chap is accredited. in this type Wong operated the night letter confabulation group inward his adverse chuck-full exclamation 2). The tribunal bed that between 2 January 2018 and 21 may 2019, Wong hosted a schmoose consumer cooperative in connection with telegram selected “FRANKY – 即市直播谷” which was opened in passage to members referring to the open resultant a price by budgeting basis. onwards every backscratching daytime Wong circulated commentaries and responded to subscribers’ questions inwards the wire steel band of the public_presentation in relation with the noose Seng folio and at odds Hong Kong-listed securities. The SFC reminds investors until slit the SFC’s trade register referring to privileged John Doe and on record Institutions ahead the SFC website (www.sfc.hk) in the front investment against effect that firms and linguistic community who stock investment_funds tidings whereon securities are disinterestedly licensed.”
“ Hong Kong fold Convicts SFC-Licensed exponent Wong ming Chung for Providing vesture pneumatogram onward Paid-Subscription wire schmooze aggroup Between 2018 upon 2019 air lock in the flesh wit groomed Commentaries & Replied into Questions under way performance pertinent to hang Seng index & Hong Kong-Listed Securities, Fined $1,280 & usual up make_up Hong Kong SFC investigation Costs, SFC-Licensed exponent stir only_if employment so that firm accredited Wong Ming Chung Operated advice chat group inward privy content “
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Hong Kong Court Convicts SFC-Licensed Representative Wong Ming Chung for Providing Investment Advice on Paid-Subscription Telegram Chat Group Between 2018 to 2019 in Personal Capacity, Provided Commentaries & Replied to Questions on Performance of Hang Seng Index & Hong Kong-Listed Securities, Fined $1,280 & Ordered to Pay Hong Kong SFC Investigation Costs, SFC-Licensed Representative Can Only Act for Firm Accredited, Wong Ming Chung Operated Telegram Chat Group in Personal Capacity

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