Four sentenced for shares offences
Chan Chin Yuen, a garment factory owner, was sentenced to 30 months; his brother Chan Chin Tat, sister-in-law Elaine Au Yeung Man Chun and Chui Siu Fung all were handed 26 month sentences by Deputy Judge Johnny Chan. He also ordered them to pay the prosecution’s costs of HK$288,400 (€24,800) each.
The four were convicted of trading shares among themselves to mislead investors about the depth and liquidity of Asia Standard Hotel stock.