Hong Kong Film Producer Raymond Wong Sentenced for Insider Trading
Veteran Hong Kong film producer Raymond Wong has been sentenced to five months in prison for insider trading, though he was granted bail pending appeal.
A Hong Kong court has sentenced veteran film producer and actor Raymond Wong Pak-ming to five months in prison for sharing insider information with his sister to trade shares in an entertainment company he chaired in 2017. However, the 80-year-old will not have to begin serving the sentence immediately, after Magistrate Ko Wai-hung granted him bail pending appeal on Tuesday. Ko said he would not consider a suspended sentence or any non-custodial punishment for Wong, who was convicted of insider....