Veteran Hong Kong actor and filmmaker Raymond Wong has surrendered his bail to begin a prison sentence for insider trading while awaiting an appeal.

Veteran Hong Kong filmmaker and actor Raymond Wong Pak-ming has begun serving his five-month prison sentence for insider trading after relinquishing his bail. The 80-year-old told West Kowloon Court on Wednesday that he would spend time behind bars while awaiting an appeal in the High Court. Wong, a prominent figure in Hong Kong’s film industry for decades, was convicted last month of sharing insider information regarding Transmit Entertainment, a television series production company formerly...