The Hong Kong Securities and Futures Commission announced that the Eastern Magistrates’ Court has further adjourned its false trading case against Mr Lin Tai Fung and Mr Or Chun Nin to 15 May 2025 for mention, with no plea taken at the hearing. The SFC commenced the proceedings. Both defendants are charged with conspiracy to commit false trading in the shares of Pa Shun International Holdings Limited, and Lin also faces a charge of failing to disclose his interest in Pa Shun shares. Bail was continued on conditions including cash bail of HKD 20,000 and a surety of HKD 50,000.
Hong Kong Securities & Futures Commission 2025-03-20
Hong Kong Securities and Futures Commission false trading prosecution against Lin Tai Fung and Or Chun Nin adjourned to 15 May 2025
The Hong Kong Securities and Futures Commission announced the adjournment of its false trading case against Mr Lin Tai Fung and Mr Or Chun Nin to 15 May 2025. The defendants are charged with conspiracy to commit false trading in Pa Shun International Holdings Limited shares, with Lin also facing a charge of failing to disclose his interest in the shares. Bail conditions include cash bail of HKD 20,000 and a surety of HKD 50,000.