Hong Kong actor and film company owner Raymond Wong (original name Wong Pak-ming), 80, was sentenced on June 9 to five months in prison for insider trading. He was also ordered to pay a fine of HK$99,000, HK$370,000 in legal and investigation costs to the Securities and Futures Commission, and was granted bail pending appeal. However, on June 17, Wong appeared in court and voluntarily waived his bail to begin serving his five-month sentence.
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Hong Kong actor and film company owner Raymond Wong (original name Wong Pak-ming), 80, was sentenced on June 9 to five months in prison for insider trading. He was also ordered to pay a fine of HK$99,000, HK$370,000 in legal and investigation costs to the Securities and Futures Commission, and was granted bail pending appeal. However, on June 17, Wong appeared in court and voluntarily waived his bail to begin serving his five-month sentence.