Former Citic Pacific executive punished for insider trading

A former senior executive of Citic Pacific was sentenced to 15 months' imprisonment and ordered to pay HK$1.25 million for insider dealing of the company's shares in 2008.

Simon Chui Wing-nin, who was the company's assistant director of finance at the time, was sentenced by the Eastern Magistracy yesterday. He was convicted of two counts of insider dealing last month.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1092537/former-citic-pacific-executive-punished-insider