former-morgan-stanley-banker-found-guilty-of-insider-dealing

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 assets in China that was announced on May 9, 2007. According to the press release issued by the Hong Kong Securities and Futures Commission the securities regulator which investigated the case, Du bought a...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222