Ex-Hanlong Mining exec jailed in Australia for insider trading

A former executive of private Chinese firm Hanlong Mining Investment was sentenced to two years and three months in jail by an Australian court on Friday for insider trading, Australia’s corporate watchdog said.

Bo Shi Zhu, who was also known as Calvin Zhu, pleaded guilty last July to three counts of insider trading carried out between 2006 and 2011, the Australian Securities and Investments Commission said.

via Business feed http://www.scmp.com/business/companies/article/1150902/ex-hanlong-mining-exec-jailed-australia-insider-trading