Former Morgan Stanley banker found guilty of insider dealing

Du Jun is convicted by a Hong Kong court on 10 counts of insider dealing relating to the purchase and sale of shares in Hong Kong-listed Citic Resources in 2007.

A former Morgan Stanley managing director and investment banker in the firm's fixed-income group was yesterday found guilty of insider dealing by a Hong Kong district court in a case dating back to 2007. He was remanded in custody pending sentencing today.

Du Jun was found guilty of all 10 charges of insider dealing in HK$86 million $11 million worth of shares in Hong Kong-listed Citic Resources Holdings before and after an acquisition by the company of oil field...

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