HALISTER1: Suspicious Financial Trade Reports Surge in Hong Kong, HKEJ Says

Suspicious Financial Trade Reports Surge in Hong Kong, HKEJ Says

(Bloomberg) -- Hong Kong govt received 43,260 reports of suspicious financial transactions in 1H, exceeding 2015 full-yr amount, the Hong Kong Economic Journal reports, citing data from police and customs.
  • Reported trades may involved money laundering, other financial crimes: HKEJ
  • Most cases were reported by employees of banks, brokerages: HKEJ
  • Some reported cases involved penny stocks that recently plunged: HKEJ citing unidentified brokerage managers
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

To de-activate this alert, click here

UUID: 7947283