Former billionaire Hui Ka Yan has been fined and faces being banned from the financial markets for life.
  • bean@lemmy.worldEnglish
    12·
    9 months ago

    Mr Hui was also fined $6.5m, according to a filing by the company to the Shenzhen and Shanghai stock exchanges.

    Uhm. For “who was once China’s richest man” This is a small slap on the wrist considering the magnitude of fraud. It’s 0.008333% of the 78 Billion.