The Hong Kong court has set the date for the preliminary hearing of the insider trading case involving Wong Po-Ying.

20:40 05/06/2025

The Eastern District Court in Hong Kong has tentatively set the date for the trial of the insider trading charges filed by the Securities and Futures Commission against Wong Pak Ming (male) to begin on November 24, 2025.

The Eastern District Court in Hong Kong has tentatively set the trial date for the insider trading prosecution filed by the Securities and Futures Commission against Wong Pak Ming (male) to begin on November 24, 2025. The case has been further postponed to August 25, 2025 for a pre-trial review before the trial. Wong is charged with insider trading in relation to the shares of Transmit Entertainment Limited (formerly known as Tianma Media Cultural Holdings Limited) (Tianma Media) (01326). Between approximately August 25, 2017 and October 17, 2017, he is suspected of inducing or causing another person to trade in Tianma Media's shares, while he was the chairman and controlling shareholder of Tianma Media at the time, and had access to inside information about Tianma Media. Wong's bail period has been extended for the next hearing, with the conditions that he: pay a bail amount of HK$200,000; reside at the address provided, and notify the police of any changes in residence; and notify the Securities and Futures Commission 24 hours before leaving Hong Kong.

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The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.

Choose a Fed chairman who is "willing to lower interest rates", the history of American presidents has always been "difficult to fulfill their wishes"!