SFC fails to ban Tiger Asia

SFC has accused Tiger Asia of insider dealing, but a judge said the case is beyond the High Court’s jurisdiction.

A Reuters report said the Securities and Futures Commission is trying to ban the New York-based hedge fund from trading securities or derivatives in the city and freeze some of its assets.

“The SFC has been unable to bring a criminal charge against Tiger Asia because all its staff are based outside Hong Kong so it is pursuing a civil case under the Securities and Futures Ordinance,” said the report.

View the full report here.

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!