Former Hong Kong IPO Vetting Chief Pleads Not Guilty as Trial Begins

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Former Hong Kong IPO Vetting Chief Pleads Not Guilty as Trial Begins

Bloomberg2021-08-09

A former Hong Kong Exchanges and Clearing Ltd. executive in charge of vetting initial public offerings pleaded not guilty in the Hong Kong District Court on Monday to allegations of bribery. Eugene ...

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ddddffff
·2021-08-09
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WWTan
·2021-08-09
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BBBBBBBBBB
·2021-08-09
Ok
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sQzC
·2021-08-09
Pls like.
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BIGpotato
·2021-08-09
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EmmanuelQeen
·2021-08-09
Like pls... Tq =)
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·2021-08-09
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The city’s anti-graft body, the Independent Commission Against Corruption, first took the pair to court in March 2020. They had been on bail since, until today’s court appearance.</p>\n<p>Yeoh and Lum pleaded not guilty to all charges and will remain on bail.</p>\n<p>Starting in 2015, Hong Kong Jockey Club member Lum recommended Yeoh’s later successful application to join the club, according to the prosecution.</p>\n<p>From 2017, Lum also provided Yeoh with HK$9.15 million. They, as well as Yeoh’s wife, would meet at Exchange Square podium -- just steps away from the bourse’s office -- and at a restaurant in a local shopping mall, Elements, where Lum gave “paper bags with content” to Yeoh, according to the prosecutor.</p>\n<p>Yeoh and his wife used the money to purchase investment funds and pay off credit card loans, the prosecutor said. The couple discussed investments in email and WeChat messages.</p>\n<p>The duo partnered in 12 IPOs between 2015 and 2019, the prosecution outlined on Monday:</p>\n<ul>\n <li>LC Group -- renamed asHopeLife International Holdings</li>\n <li>Classified Group Holdings Ltd.</li>\n <li>CBK Holdings Ltd.</li>\n <li>F8 Enterprises Holdings Group Ltd.</li>\n <li>Cool Link Holdings Ltd.</li>\n <li>RMH Holdings Ltd.</li>\n <li>Indigo Star Holdings Ltd.</li>\n <li>Shen You Holdings Ltd.</li>\n <li>Simplicity Holding Ltd.</li>\n <li>MS Concept Ltd.</li>\n <li>Anchorstone Holdings Ltd.</li>\n <li>WMCH Global Investment Ltd.</li>\n</ul>\n<p>Yeoh was also allotted shares in four of the companies, LC Group, CBK, Cool Link and Anchorstone, earning about HK$1 million when selling the shares, according to the prosecution.</p>\n<p>Yeoh didn’t report his relationship with Lum to the exchange and failed to abstain from those IPOs, Human Lam Hiu-man, senior public prosecutor, told the court Monday. He backed the applications and endorsed approvals to the exchange’s internal listing department as well as the listing committee, an external group of professionals that decide on approvals, she said.</p>\n<p>Court proceedings will resume on Monday next week.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Former Hong Kong IPO Vetting Chief Pleads Not Guilty as Trial Begins</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFormer Hong Kong IPO Vetting Chief Pleads Not Guilty as Trial Begins\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-09 14:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-09/former-h-k-ipo-vetting-chief-pleads-not-guilty-as-trial-begins><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A former Hong Kong Exchanges and Clearing Ltd. executive in charge of vetting initial public offerings pleaded not guilty in the Hong Kong District Court on Monday to allegations of bribery.\nEugene ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-09/former-h-k-ipo-vetting-chief-pleads-not-guilty-as-trial-begins\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","00388":"香港交易所"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-09/former-h-k-ipo-vetting-chief-pleads-not-guilty-as-trial-begins","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100440711","content_text":"A former Hong Kong Exchanges and Clearing Ltd. executive in charge of vetting initial public offerings pleaded not guilty in the Hong Kong District Court on Monday to allegations of bribery.\nEugene Yeoh Kim-loong was accused of taking HK$9.15 million ($1.18 million) from IPO consultant Richard Lum Chor-wah between 2017 and 2019, in order to give companies an easier path to being approved to list on the bourse. The city’s anti-graft body, the Independent Commission Against Corruption, first took the pair to court in March 2020. They had been on bail since, until today’s court appearance.\nYeoh and Lum pleaded not guilty to all charges and will remain on bail.\nStarting in 2015, Hong Kong Jockey Club member Lum recommended Yeoh’s later successful application to join the club, according to the prosecution.\nFrom 2017, Lum also provided Yeoh with HK$9.15 million. They, as well as Yeoh’s wife, would meet at Exchange Square podium -- just steps away from the bourse’s office -- and at a restaurant in a local shopping mall, Elements, where Lum gave “paper bags with content” to Yeoh, according to the prosecutor.\nYeoh and his wife used the money to purchase investment funds and pay off credit card loans, the prosecutor said. The couple discussed investments in email and WeChat messages.\nThe duo partnered in 12 IPOs between 2015 and 2019, the prosecution outlined on Monday:\n\nLC Group -- renamed asHopeLife International Holdings\nClassified Group Holdings Ltd.\nCBK Holdings Ltd.\nF8 Enterprises Holdings Group Ltd.\nCool Link Holdings Ltd.\nRMH Holdings Ltd.\nIndigo Star Holdings Ltd.\nShen You Holdings Ltd.\nSimplicity Holding Ltd.\nMS Concept Ltd.\nAnchorstone Holdings Ltd.\nWMCH Global Investment Ltd.\n\nYeoh was also allotted shares in four of the companies, LC Group, CBK, Cool Link and Anchorstone, earning about HK$1 million when selling the shares, according to the prosecution.\nYeoh didn’t report his relationship with Lum to the exchange and failed to abstain from those IPOs, Human Lam Hiu-man, senior public prosecutor, told the court Monday. He backed the applications and endorsed approvals to the exchange’s internal listing department as well as the listing committee, an external group of professionals that decide on approvals, she said.\nCourt proceedings will resume on Monday next week.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":898667512,"gmtCreate":1628494567136,"gmtModify":1703507022910,"author":{"id":"3581679936650072","authorId":"3581679936650072","name":"WWTan","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581679936650072","authorIdStr":"3581679936650072"},"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/898667512","repostId":1100440711,"repostType":4,"repost":{"id":"1100440711","kind":"news","pubTimestamp":1628489396,"share":"https://ttm.financial/m/news/1100440711?lang=&edition=fundamental","pubTime":"2021-08-09 14:09","market":"hk","language":"en","title":"Former Hong Kong IPO Vetting Chief Pleads Not Guilty as Trial Begins","url":"https://stock-news.laohu8.com/highlight/detail?id=1100440711","media":"Bloomberg","summary":"A former Hong Kong Exchanges and Clearing Ltd. executive in charge of vetting initial public offerin","content":"<p>A former Hong Kong Exchanges and Clearing Ltd. executive in charge of vetting initial public offerings pleaded not guilty in the Hong Kong District Court on Monday to allegations of bribery.</p>\n<p>Eugene Yeoh Kim-loong was accused of taking HK$9.15 million ($1.18 million) from IPO consultant Richard Lum Chor-wah between 2017 and 2019, in order to give companies an easier path to being approved to list on the bourse. The city’s anti-graft body, the Independent Commission Against Corruption, first took the pair to court in March 2020. They had been on bail since, until today’s court appearance.</p>\n<p>Yeoh and Lum pleaded not guilty to all charges and will remain on bail.</p>\n<p>Starting in 2015, Hong Kong Jockey Club member Lum recommended Yeoh’s later successful application to join the club, according to the prosecution.</p>\n<p>From 2017, Lum also provided Yeoh with HK$9.15 million. They, as well as Yeoh’s wife, would meet at Exchange Square podium -- just steps away from the bourse’s office -- and at a restaurant in a local shopping mall, Elements, where Lum gave “paper bags with content” to Yeoh, according to the prosecutor.</p>\n<p>Yeoh and his wife used the money to purchase investment funds and pay off credit card loans, the prosecutor said. The couple discussed investments in email and WeChat messages.</p>\n<p>The duo partnered in 12 IPOs between 2015 and 2019, the prosecution outlined on Monday:</p>\n<ul>\n <li>LC Group -- renamed asHopeLife International Holdings</li>\n <li>Classified Group Holdings Ltd.</li>\n <li>CBK Holdings Ltd.</li>\n <li>F8 Enterprises Holdings Group Ltd.</li>\n <li>Cool Link Holdings Ltd.</li>\n <li>RMH Holdings Ltd.</li>\n <li>Indigo Star Holdings Ltd.</li>\n <li>Shen You Holdings Ltd.</li>\n <li>Simplicity Holding Ltd.</li>\n <li>MS Concept Ltd.</li>\n <li>Anchorstone Holdings Ltd.</li>\n <li>WMCH Global Investment Ltd.</li>\n</ul>\n<p>Yeoh was also allotted shares in four of the companies, LC Group, CBK, Cool Link and Anchorstone, earning about HK$1 million when selling the shares, according to the prosecution.</p>\n<p>Yeoh didn’t report his relationship with Lum to the exchange and failed to abstain from those IPOs, Human Lam Hiu-man, senior public prosecutor, told the court Monday. He backed the applications and endorsed approvals to the exchange’s internal listing department as well as the listing committee, an external group of professionals that decide on approvals, she said.</p>\n<p>Court proceedings will resume on Monday next week.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Former Hong Kong IPO Vetting Chief Pleads Not Guilty as Trial Begins</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFormer Hong Kong IPO Vetting Chief Pleads Not Guilty as Trial Begins\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-09 14:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-09/former-h-k-ipo-vetting-chief-pleads-not-guilty-as-trial-begins><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A former Hong Kong Exchanges and Clearing Ltd. executive in charge of vetting initial public offerings pleaded not guilty in the Hong Kong District Court on Monday to allegations of bribery.\nEugene ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-09/former-h-k-ipo-vetting-chief-pleads-not-guilty-as-trial-begins\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","00388":"香港交易所"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-09/former-h-k-ipo-vetting-chief-pleads-not-guilty-as-trial-begins","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100440711","content_text":"A former Hong Kong Exchanges and Clearing Ltd. executive in charge of vetting initial public offerings pleaded not guilty in the Hong Kong District Court on Monday to allegations of bribery.\nEugene Yeoh Kim-loong was accused of taking HK$9.15 million ($1.18 million) from IPO consultant Richard Lum Chor-wah between 2017 and 2019, in order to give companies an easier path to being approved to list on the bourse. The city’s anti-graft body, the Independent Commission Against Corruption, first took the pair to court in March 2020. They had been on bail since, until today’s court appearance.\nYeoh and Lum pleaded not guilty to all charges and will remain on bail.\nStarting in 2015, Hong Kong Jockey Club member Lum recommended Yeoh’s later successful application to join the club, according to the prosecution.\nFrom 2017, Lum also provided Yeoh with HK$9.15 million. They, as well as Yeoh’s wife, would meet at Exchange Square podium -- just steps away from the bourse’s office -- and at a restaurant in a local shopping mall, Elements, where Lum gave “paper bags with content” to Yeoh, according to the prosecutor.\nYeoh and his wife used the money to purchase investment funds and pay off credit card loans, the prosecutor said. The couple discussed investments in email and WeChat messages.\nThe duo partnered in 12 IPOs between 2015 and 2019, the prosecution outlined on Monday:\n\nLC Group -- renamed asHopeLife International Holdings\nClassified Group Holdings Ltd.\nCBK Holdings Ltd.\nF8 Enterprises Holdings Group Ltd.\nCool Link Holdings Ltd.\nRMH Holdings Ltd.\nIndigo Star Holdings Ltd.\nShen You Holdings Ltd.\nSimplicity Holding Ltd.\nMS Concept Ltd.\nAnchorstone Holdings Ltd.\nWMCH Global Investment Ltd.\n\nYeoh was also allotted shares in four of the companies, LC Group, CBK, Cool Link and Anchorstone, earning about HK$1 million when selling the shares, according to the prosecution.\nYeoh didn’t report his relationship with Lum to the exchange and failed to abstain from those IPOs, Human Lam Hiu-man, senior public prosecutor, told the court Monday. He backed the applications and endorsed approvals to the exchange’s internal listing department as well as the listing committee, an external group of professionals that decide on approvals, she said.\nCourt proceedings will resume on Monday next week.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5470462,"gmtCreate":1628494697282,"gmtModify":1663232118845,"authorId":4089869254726910,"author":{"id":4089869254726910,"idStr":"4089869254726910","authorId":4089869254726910,"name":"ddddffff","avatar":"https://static.tigerbbs.com/7a934a4b44581b5915a2c43e36913a8a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":898667512,"type":1,"supId":0,"prevId":0,"content":"<u>Hi</u>","text":"<u>Hi</u>","html":"<u>Hi</u>"}],"langContent":"EN"},{"id":898610647,"gmtCreate":1628491769689,"gmtModify":1703506979092,"author":{"id":"3581562365927542","authorId":"3581562365927542","name":"BBBBBBBBBB","avatar":"https://static.tigerbbs.com/973395458d7e1db24dbd4a689c79e8a2","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3581562365927542","authorIdStr":"3581562365927542"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/898610647","repostId":1100440711,"repostType":4,"repost":{"id":"1100440711","kind":"news","pubTimestamp":1628489396,"share":"https://ttm.financial/m/news/1100440711?lang=&edition=fundamental","pubTime":"2021-08-09 14:09","market":"hk","language":"en","title":"Former Hong Kong IPO Vetting Chief Pleads Not Guilty as Trial Begins","url":"https://stock-news.laohu8.com/highlight/detail?id=1100440711","media":"Bloomberg","summary":"A former Hong Kong Exchanges and Clearing Ltd. executive in charge of vetting initial public offerin","content":"<p>A former Hong Kong Exchanges and Clearing Ltd. executive in charge of vetting initial public offerings pleaded not guilty in the Hong Kong District Court on Monday to allegations of bribery.</p>\n<p>Eugene Yeoh Kim-loong was accused of taking HK$9.15 million ($1.18 million) from IPO consultant Richard Lum Chor-wah between 2017 and 2019, in order to give companies an easier path to being approved to list on the bourse. The city’s anti-graft body, the Independent Commission Against Corruption, first took the pair to court in March 2020. They had been on bail since, until today’s court appearance.</p>\n<p>Yeoh and Lum pleaded not guilty to all charges and will remain on bail.</p>\n<p>Starting in 2015, Hong Kong Jockey Club member Lum recommended Yeoh’s later successful application to join the club, according to the prosecution.</p>\n<p>From 2017, Lum also provided Yeoh with HK$9.15 million. They, as well as Yeoh’s wife, would meet at Exchange Square podium -- just steps away from the bourse’s office -- and at a restaurant in a local shopping mall, Elements, where Lum gave “paper bags with content” to Yeoh, according to the prosecutor.</p>\n<p>Yeoh and his wife used the money to purchase investment funds and pay off credit card loans, the prosecutor said. The couple discussed investments in email and WeChat messages.</p>\n<p>The duo partnered in 12 IPOs between 2015 and 2019, the prosecution outlined on Monday:</p>\n<ul>\n <li>LC Group -- renamed asHopeLife International Holdings</li>\n <li>Classified Group Holdings Ltd.</li>\n <li>CBK Holdings Ltd.</li>\n <li>F8 Enterprises Holdings Group Ltd.</li>\n <li>Cool Link Holdings Ltd.</li>\n <li>RMH Holdings Ltd.</li>\n <li>Indigo Star Holdings Ltd.</li>\n <li>Shen You Holdings Ltd.</li>\n <li>Simplicity Holding Ltd.</li>\n <li>MS Concept Ltd.</li>\n <li>Anchorstone Holdings Ltd.</li>\n <li>WMCH Global Investment Ltd.</li>\n</ul>\n<p>Yeoh was also allotted shares in four of the companies, LC Group, CBK, Cool Link and Anchorstone, earning about HK$1 million when selling the shares, according to the prosecution.</p>\n<p>Yeoh didn’t report his relationship with Lum to the exchange and failed to abstain from those IPOs, Human Lam Hiu-man, senior public prosecutor, told the court Monday. He backed the applications and endorsed approvals to the exchange’s internal listing department as well as the listing committee, an external group of professionals that decide on approvals, she said.</p>\n<p>Court proceedings will resume on Monday next week.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Former Hong Kong IPO Vetting Chief Pleads Not Guilty as Trial Begins</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFormer Hong Kong IPO Vetting Chief Pleads Not Guilty as Trial Begins\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-09 14:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-09/former-h-k-ipo-vetting-chief-pleads-not-guilty-as-trial-begins><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A former Hong Kong Exchanges and Clearing Ltd. executive in charge of vetting initial public offerings pleaded not guilty in the Hong Kong District Court on Monday to allegations of bribery.\nEugene ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-09/former-h-k-ipo-vetting-chief-pleads-not-guilty-as-trial-begins\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","00388":"香港交易所"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-09/former-h-k-ipo-vetting-chief-pleads-not-guilty-as-trial-begins","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100440711","content_text":"A former Hong Kong Exchanges and Clearing Ltd. executive in charge of vetting initial public offerings pleaded not guilty in the Hong Kong District Court on Monday to allegations of bribery.\nEugene Yeoh Kim-loong was accused of taking HK$9.15 million ($1.18 million) from IPO consultant Richard Lum Chor-wah between 2017 and 2019, in order to give companies an easier path to being approved to list on the bourse. The city’s anti-graft body, the Independent Commission Against Corruption, first took the pair to court in March 2020. They had been on bail since, until today’s court appearance.\nYeoh and Lum pleaded not guilty to all charges and will remain on bail.\nStarting in 2015, Hong Kong Jockey Club member Lum recommended Yeoh’s later successful application to join the club, according to the prosecution.\nFrom 2017, Lum also provided Yeoh with HK$9.15 million. They, as well as Yeoh’s wife, would meet at Exchange Square podium -- just steps away from the bourse’s office -- and at a restaurant in a local shopping mall, Elements, where Lum gave “paper bags with content” to Yeoh, according to the prosecutor.\nYeoh and his wife used the money to purchase investment funds and pay off credit card loans, the prosecutor said. The couple discussed investments in email and WeChat messages.\nThe duo partnered in 12 IPOs between 2015 and 2019, the prosecution outlined on Monday:\n\nLC Group -- renamed asHopeLife International Holdings\nClassified Group Holdings Ltd.\nCBK Holdings Ltd.\nF8 Enterprises Holdings Group Ltd.\nCool Link Holdings Ltd.\nRMH Holdings Ltd.\nIndigo Star Holdings Ltd.\nShen You Holdings Ltd.\nSimplicity Holding Ltd.\nMS Concept Ltd.\nAnchorstone Holdings Ltd.\nWMCH Global Investment Ltd.\n\nYeoh was also allotted shares in four of the companies, LC Group, CBK, Cool Link and Anchorstone, earning about HK$1 million when selling the shares, according to the prosecution.\nYeoh didn’t report his relationship with Lum to the exchange and failed to abstain from those IPOs, Human Lam Hiu-man, senior public prosecutor, told the court Monday. He backed the applications and endorsed approvals to the exchange’s internal listing department as well as the listing committee, an external group of professionals that decide on approvals, she said.\nCourt proceedings will resume on Monday next week.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":898692521,"gmtCreate":1628490311763,"gmtModify":1703506959661,"author":{"id":"4090500580946240","authorId":"4090500580946240","name":"sQzC","avatar":"https://static.tigerbbs.com/57ce8b4966fa803f0c04a59852fded4a","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"4090500580946240","authorIdStr":"4090500580946240"},"htmlText":"Pls like.&nbsp;","listText":"Pls like.&nbsp;","text":"Pls like.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/898692521","repostId":1100440711,"repostType":4,"repost":{"id":"1100440711","kind":"news","pubTimestamp":1628489396,"share":"https://ttm.financial/m/news/1100440711?lang=&edition=fundamental","pubTime":"2021-08-09 14:09","market":"hk","language":"en","title":"Former Hong Kong IPO Vetting Chief Pleads Not Guilty as Trial Begins","url":"https://stock-news.laohu8.com/highlight/detail?id=1100440711","media":"Bloomberg","summary":"A former Hong Kong Exchanges and Clearing Ltd. executive in charge of vetting initial public offerin","content":"<p>A former Hong Kong Exchanges and Clearing Ltd. executive in charge of vetting initial public offerings pleaded not guilty in the Hong Kong District Court on Monday to allegations of bribery.</p>\n<p>Eugene Yeoh Kim-loong was accused of taking HK$9.15 million ($1.18 million) from IPO consultant Richard Lum Chor-wah between 2017 and 2019, in order to give companies an easier path to being approved to list on the bourse. The city’s anti-graft body, the Independent Commission Against Corruption, first took the pair to court in March 2020. They had been on bail since, until today’s court appearance.</p>\n<p>Yeoh and Lum pleaded not guilty to all charges and will remain on bail.</p>\n<p>Starting in 2015, Hong Kong Jockey Club member Lum recommended Yeoh’s later successful application to join the club, according to the prosecution.</p>\n<p>From 2017, Lum also provided Yeoh with HK$9.15 million. They, as well as Yeoh’s wife, would meet at Exchange Square podium -- just steps away from the bourse’s office -- and at a restaurant in a local shopping mall, Elements, where Lum gave “paper bags with content” to Yeoh, according to the prosecutor.</p>\n<p>Yeoh and his wife used the money to purchase investment funds and pay off credit card loans, the prosecutor said. The couple discussed investments in email and WeChat messages.</p>\n<p>The duo partnered in 12 IPOs between 2015 and 2019, the prosecution outlined on Monday:</p>\n<ul>\n <li>LC Group -- renamed asHopeLife International Holdings</li>\n <li>Classified Group Holdings Ltd.</li>\n <li>CBK Holdings Ltd.</li>\n <li>F8 Enterprises Holdings Group Ltd.</li>\n <li>Cool Link Holdings Ltd.</li>\n <li>RMH Holdings Ltd.</li>\n <li>Indigo Star Holdings Ltd.</li>\n <li>Shen You Holdings Ltd.</li>\n <li>Simplicity Holding Ltd.</li>\n <li>MS Concept Ltd.</li>\n <li>Anchorstone Holdings Ltd.</li>\n <li>WMCH Global Investment Ltd.</li>\n</ul>\n<p>Yeoh was also allotted shares in four of the companies, LC Group, CBK, Cool Link and Anchorstone, earning about HK$1 million when selling the shares, according to the prosecution.</p>\n<p>Yeoh didn’t report his relationship with Lum to the exchange and failed to abstain from those IPOs, Human Lam Hiu-man, senior public prosecutor, told the court Monday. He backed the applications and endorsed approvals to the exchange’s internal listing department as well as the listing committee, an external group of professionals that decide on approvals, she said.</p>\n<p>Court proceedings will resume on Monday next week.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Former Hong Kong IPO Vetting Chief Pleads Not Guilty as Trial Begins</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFormer Hong Kong IPO Vetting Chief Pleads Not Guilty as Trial Begins\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-09 14:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-09/former-h-k-ipo-vetting-chief-pleads-not-guilty-as-trial-begins><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A former Hong Kong Exchanges and Clearing Ltd. executive in charge of vetting initial public offerings pleaded not guilty in the Hong Kong District Court on Monday to allegations of bribery.\nEugene ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-09/former-h-k-ipo-vetting-chief-pleads-not-guilty-as-trial-begins\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","00388":"香港交易所"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-09/former-h-k-ipo-vetting-chief-pleads-not-guilty-as-trial-begins","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100440711","content_text":"A former Hong Kong Exchanges and Clearing Ltd. executive in charge of vetting initial public offerings pleaded not guilty in the Hong Kong District Court on Monday to allegations of bribery.\nEugene Yeoh Kim-loong was accused of taking HK$9.15 million ($1.18 million) from IPO consultant Richard Lum Chor-wah between 2017 and 2019, in order to give companies an easier path to being approved to list on the bourse. The city’s anti-graft body, the Independent Commission Against Corruption, first took the pair to court in March 2020. They had been on bail since, until today’s court appearance.\nYeoh and Lum pleaded not guilty to all charges and will remain on bail.\nStarting in 2015, Hong Kong Jockey Club member Lum recommended Yeoh’s later successful application to join the club, according to the prosecution.\nFrom 2017, Lum also provided Yeoh with HK$9.15 million. They, as well as Yeoh’s wife, would meet at Exchange Square podium -- just steps away from the bourse’s office -- and at a restaurant in a local shopping mall, Elements, where Lum gave “paper bags with content” to Yeoh, according to the prosecutor.\nYeoh and his wife used the money to purchase investment funds and pay off credit card loans, the prosecutor said. The couple discussed investments in email and WeChat messages.\nThe duo partnered in 12 IPOs between 2015 and 2019, the prosecution outlined on Monday:\n\nLC Group -- renamed asHopeLife International Holdings\nClassified Group Holdings Ltd.\nCBK Holdings Ltd.\nF8 Enterprises Holdings Group Ltd.\nCool Link Holdings Ltd.\nRMH Holdings Ltd.\nIndigo Star Holdings Ltd.\nShen You Holdings Ltd.\nSimplicity Holding Ltd.\nMS Concept Ltd.\nAnchorstone Holdings Ltd.\nWMCH Global Investment Ltd.\n\nYeoh was also allotted shares in four of the companies, LC Group, CBK, Cool Link and Anchorstone, earning about HK$1 million when selling the shares, according to the prosecution.\nYeoh didn’t report his relationship with Lum to the exchange and failed to abstain from those IPOs, Human Lam Hiu-man, senior public prosecutor, told the court Monday. He backed the applications and endorsed approvals to the exchange’s internal listing department as well as the listing committee, an external group of professionals that decide on approvals, she said.\nCourt proceedings will resume on Monday next week.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5470028,"gmtCreate":1628490819125,"gmtModify":1663232119039,"authorId":4089599132652130,"author":{"id":4089599132652130,"idStr":"4089599132652130","authorId":4089599132652130,"name":"Whiteowl88","avatar":"https://static.tigerbbs.com/8a6af82befa50723abec571ddfc3bde6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":898692521,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":898691279,"gmtCreate":1628490051991,"gmtModify":1703506954280,"author":{"id":"3577909078114839","authorId":"3577909078114839","name":"BIGpotato","avatar":"https://static.tigerbbs.com/f332f7e2e29356c4e04cb3e3a9eace8a","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3577909078114839","authorIdStr":"3577909078114839"},"htmlText":"Comment thanks&nbsp;","listText":"Comment thanks&nbsp;","text":"Comment thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/898691279","repostId":1100440711,"repostType":4,"repost":{"id":"1100440711","kind":"news","pubTimestamp":1628489396,"share":"https://ttm.financial/m/news/1100440711?lang=&edition=fundamental","pubTime":"2021-08-09 14:09","market":"hk","language":"en","title":"Former Hong Kong IPO Vetting Chief Pleads Not Guilty as Trial Begins","url":"https://stock-news.laohu8.com/highlight/detail?id=1100440711","media":"Bloomberg","summary":"A former Hong Kong Exchanges and Clearing Ltd. executive in charge of vetting initial public offerin","content":"<p>A former Hong Kong Exchanges and Clearing Ltd. executive in charge of vetting initial public offerings pleaded not guilty in the Hong Kong District Court on Monday to allegations of bribery.</p>\n<p>Eugene Yeoh Kim-loong was accused of taking HK$9.15 million ($1.18 million) from IPO consultant Richard Lum Chor-wah between 2017 and 2019, in order to give companies an easier path to being approved to list on the bourse. The city’s anti-graft body, the Independent Commission Against Corruption, first took the pair to court in March 2020. They had been on bail since, until today’s court appearance.</p>\n<p>Yeoh and Lum pleaded not guilty to all charges and will remain on bail.</p>\n<p>Starting in 2015, Hong Kong Jockey Club member Lum recommended Yeoh’s later successful application to join the club, according to the prosecution.</p>\n<p>From 2017, Lum also provided Yeoh with HK$9.15 million. They, as well as Yeoh’s wife, would meet at Exchange Square podium -- just steps away from the bourse’s office -- and at a restaurant in a local shopping mall, Elements, where Lum gave “paper bags with content” to Yeoh, according to the prosecutor.</p>\n<p>Yeoh and his wife used the money to purchase investment funds and pay off credit card loans, the prosecutor said. The couple discussed investments in email and WeChat messages.</p>\n<p>The duo partnered in 12 IPOs between 2015 and 2019, the prosecution outlined on Monday:</p>\n<ul>\n <li>LC Group -- renamed asHopeLife International Holdings</li>\n <li>Classified Group Holdings Ltd.</li>\n <li>CBK Holdings Ltd.</li>\n <li>F8 Enterprises Holdings Group Ltd.</li>\n <li>Cool Link Holdings Ltd.</li>\n <li>RMH Holdings Ltd.</li>\n <li>Indigo Star Holdings Ltd.</li>\n <li>Shen You Holdings Ltd.</li>\n <li>Simplicity Holding Ltd.</li>\n <li>MS Concept Ltd.</li>\n <li>Anchorstone Holdings Ltd.</li>\n <li>WMCH Global Investment Ltd.</li>\n</ul>\n<p>Yeoh was also allotted shares in four of the companies, LC Group, CBK, Cool Link and Anchorstone, earning about HK$1 million when selling the shares, according to the prosecution.</p>\n<p>Yeoh didn’t report his relationship with Lum to the exchange and failed to abstain from those IPOs, Human Lam Hiu-man, senior public prosecutor, told the court Monday. He backed the applications and endorsed approvals to the exchange’s internal listing department as well as the listing committee, an external group of professionals that decide on approvals, she said.</p>\n<p>Court proceedings will resume on Monday next week.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Former Hong Kong IPO Vetting Chief Pleads Not Guilty as Trial Begins</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFormer Hong Kong IPO Vetting Chief Pleads Not Guilty as Trial Begins\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-09 14:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-09/former-h-k-ipo-vetting-chief-pleads-not-guilty-as-trial-begins><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A former Hong Kong Exchanges and Clearing Ltd. executive in charge of vetting initial public offerings pleaded not guilty in the Hong Kong District Court on Monday to allegations of bribery.\nEugene ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-09/former-h-k-ipo-vetting-chief-pleads-not-guilty-as-trial-begins\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","00388":"香港交易所"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-09/former-h-k-ipo-vetting-chief-pleads-not-guilty-as-trial-begins","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100440711","content_text":"A former Hong Kong Exchanges and Clearing Ltd. executive in charge of vetting initial public offerings pleaded not guilty in the Hong Kong District Court on Monday to allegations of bribery.\nEugene Yeoh Kim-loong was accused of taking HK$9.15 million ($1.18 million) from IPO consultant Richard Lum Chor-wah between 2017 and 2019, in order to give companies an easier path to being approved to list on the bourse. The city’s anti-graft body, the Independent Commission Against Corruption, first took the pair to court in March 2020. They had been on bail since, until today’s court appearance.\nYeoh and Lum pleaded not guilty to all charges and will remain on bail.\nStarting in 2015, Hong Kong Jockey Club member Lum recommended Yeoh’s later successful application to join the club, according to the prosecution.\nFrom 2017, Lum also provided Yeoh with HK$9.15 million. They, as well as Yeoh’s wife, would meet at Exchange Square podium -- just steps away from the bourse’s office -- and at a restaurant in a local shopping mall, Elements, where Lum gave “paper bags with content” to Yeoh, according to the prosecutor.\nYeoh and his wife used the money to purchase investment funds and pay off credit card loans, the prosecutor said. The couple discussed investments in email and WeChat messages.\nThe duo partnered in 12 IPOs between 2015 and 2019, the prosecution outlined on Monday:\n\nLC Group -- renamed asHopeLife International Holdings\nClassified Group Holdings Ltd.\nCBK Holdings Ltd.\nF8 Enterprises Holdings Group Ltd.\nCool Link Holdings Ltd.\nRMH Holdings Ltd.\nIndigo Star Holdings Ltd.\nShen You Holdings Ltd.\nSimplicity Holding Ltd.\nMS Concept Ltd.\nAnchorstone Holdings Ltd.\nWMCH Global Investment Ltd.\n\nYeoh was also allotted shares in four of the companies, LC Group, CBK, Cool Link and Anchorstone, earning about HK$1 million when selling the shares, according to the prosecution.\nYeoh didn’t report his relationship with Lum to the exchange and failed to abstain from those IPOs, Human Lam Hiu-man, senior public prosecutor, told the court Monday. He backed the applications and endorsed approvals to the exchange’s internal listing department as well as the listing committee, an external group of professionals that decide on approvals, she said.\nCourt proceedings will resume on Monday next week.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5469945,"gmtCreate":1628490180462,"gmtModify":1663232117848,"authorId":3583494083549409,"author":{"id":3583494083549409,"idStr":"3583494083549409","authorId":3583494083549409,"name":"TokHao","avatar":"https://static.tigerbbs.com/8a94d0dc6dec5e80c0617fc6e06bce58","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":898691279,"type":1,"supId":0,"prevId":0,"content":"lol","text":"lol","html":"lol"},{"id":5469969,"gmtCreate":1628490326259,"gmtModify":1631896734750,"authorId":4090500580946240,"author":{"id":4090500580946240,"idStr":"4090500580946240","authorId":4090500580946240,"name":"sQzC","avatar":"https://static.tigerbbs.com/57ce8b4966fa803f0c04a59852fded4a","vip":1,"currentWearingBadge":{"badgeId":"cbe1c45c584340f3bd9ae6c77e0e9981-1","templateUuid":"cbe1c45c584340f3bd9ae6c77e0e9981","name":"Academy Experiencer","description":"5 lessons learned","bigImgUrl":"https://community-static.tradeup.com/news/fb5ae275631fb96a92d475cdc85d2302","smallImgUrl":"https://community-static.tradeup.com/news/c2660a1935bd2105e97c9915619936c3","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.12.12","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2006},"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":898691279,"type":1,"supId":0,"prevId":0,"content":"<u>Ok</u>","text":"<u>Ok</u>","html":"<u>Ok</u>"}],"langContent":"EN"},{"id":898693377,"gmtCreate":1628489921299,"gmtModify":1703506952651,"author":{"id":"3569477879515338","authorId":"3569477879515338","name":"EmmanuelQeen","avatar":"https://static.tigerbbs.com/229c717db2c50af149c3454594cc38dd","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3569477879515338","authorIdStr":"3569477879515338"},"htmlText":"Like pls... Tq =)","listText":"Like pls... Tq =)","text":"Like pls... Tq =)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/898693377","repostId":1100440711,"repostType":4,"repost":{"id":"1100440711","kind":"news","pubTimestamp":1628489396,"share":"https://ttm.financial/m/news/1100440711?lang=&edition=fundamental","pubTime":"2021-08-09 14:09","market":"hk","language":"en","title":"Former Hong Kong IPO Vetting Chief Pleads Not Guilty as Trial Begins","url":"https://stock-news.laohu8.com/highlight/detail?id=1100440711","media":"Bloomberg","summary":"A former Hong Kong Exchanges and Clearing Ltd. executive in charge of vetting initial public offerin","content":"<p>A former Hong Kong Exchanges and Clearing Ltd. executive in charge of vetting initial public offerings pleaded not guilty in the Hong Kong District Court on Monday to allegations of bribery.</p>\n<p>Eugene Yeoh Kim-loong was accused of taking HK$9.15 million ($1.18 million) from IPO consultant Richard Lum Chor-wah between 2017 and 2019, in order to give companies an easier path to being approved to list on the bourse. The city’s anti-graft body, the Independent Commission Against Corruption, first took the pair to court in March 2020. They had been on bail since, until today’s court appearance.</p>\n<p>Yeoh and Lum pleaded not guilty to all charges and will remain on bail.</p>\n<p>Starting in 2015, Hong Kong Jockey Club member Lum recommended Yeoh’s later successful application to join the club, according to the prosecution.</p>\n<p>From 2017, Lum also provided Yeoh with HK$9.15 million. They, as well as Yeoh’s wife, would meet at Exchange Square podium -- just steps away from the bourse’s office -- and at a restaurant in a local shopping mall, Elements, where Lum gave “paper bags with content” to Yeoh, according to the prosecutor.</p>\n<p>Yeoh and his wife used the money to purchase investment funds and pay off credit card loans, the prosecutor said. The couple discussed investments in email and WeChat messages.</p>\n<p>The duo partnered in 12 IPOs between 2015 and 2019, the prosecution outlined on Monday:</p>\n<ul>\n <li>LC Group -- renamed asHopeLife International Holdings</li>\n <li>Classified Group Holdings Ltd.</li>\n <li>CBK Holdings Ltd.</li>\n <li>F8 Enterprises Holdings Group Ltd.</li>\n <li>Cool Link Holdings Ltd.</li>\n <li>RMH Holdings Ltd.</li>\n <li>Indigo Star Holdings Ltd.</li>\n <li>Shen You Holdings Ltd.</li>\n <li>Simplicity Holding Ltd.</li>\n <li>MS Concept Ltd.</li>\n <li>Anchorstone Holdings Ltd.</li>\n <li>WMCH Global Investment Ltd.</li>\n</ul>\n<p>Yeoh was also allotted shares in four of the companies, LC Group, CBK, Cool Link and Anchorstone, earning about HK$1 million when selling the shares, according to the prosecution.</p>\n<p>Yeoh didn’t report his relationship with Lum to the exchange and failed to abstain from those IPOs, Human Lam Hiu-man, senior public prosecutor, told the court Monday. He backed the applications and endorsed approvals to the exchange’s internal listing department as well as the listing committee, an external group of professionals that decide on approvals, she said.</p>\n<p>Court proceedings will resume on Monday next week.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Former Hong Kong IPO Vetting Chief Pleads Not Guilty as Trial Begins</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFormer Hong Kong IPO Vetting Chief Pleads Not Guilty as Trial Begins\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-09 14:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-09/former-h-k-ipo-vetting-chief-pleads-not-guilty-as-trial-begins><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A former Hong Kong Exchanges and Clearing Ltd. executive in charge of vetting initial public offerings pleaded not guilty in the Hong Kong District Court on Monday to allegations of bribery.\nEugene ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-09/former-h-k-ipo-vetting-chief-pleads-not-guilty-as-trial-begins\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","00388":"香港交易所"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-09/former-h-k-ipo-vetting-chief-pleads-not-guilty-as-trial-begins","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100440711","content_text":"A former Hong Kong Exchanges and Clearing Ltd. executive in charge of vetting initial public offerings pleaded not guilty in the Hong Kong District Court on Monday to allegations of bribery.\nEugene Yeoh Kim-loong was accused of taking HK$9.15 million ($1.18 million) from IPO consultant Richard Lum Chor-wah between 2017 and 2019, in order to give companies an easier path to being approved to list on the bourse. The city’s anti-graft body, the Independent Commission Against Corruption, first took the pair to court in March 2020. They had been on bail since, until today’s court appearance.\nYeoh and Lum pleaded not guilty to all charges and will remain on bail.\nStarting in 2015, Hong Kong Jockey Club member Lum recommended Yeoh’s later successful application to join the club, according to the prosecution.\nFrom 2017, Lum also provided Yeoh with HK$9.15 million. They, as well as Yeoh’s wife, would meet at Exchange Square podium -- just steps away from the bourse’s office -- and at a restaurant in a local shopping mall, Elements, where Lum gave “paper bags with content” to Yeoh, according to the prosecutor.\nYeoh and his wife used the money to purchase investment funds and pay off credit card loans, the prosecutor said. The couple discussed investments in email and WeChat messages.\nThe duo partnered in 12 IPOs between 2015 and 2019, the prosecution outlined on Monday:\n\nLC Group -- renamed asHopeLife International Holdings\nClassified Group Holdings Ltd.\nCBK Holdings Ltd.\nF8 Enterprises Holdings Group Ltd.\nCool Link Holdings Ltd.\nRMH Holdings Ltd.\nIndigo Star Holdings Ltd.\nShen You Holdings Ltd.\nSimplicity Holding Ltd.\nMS Concept Ltd.\nAnchorstone Holdings Ltd.\nWMCH Global Investment Ltd.\n\nYeoh was also allotted shares in four of the companies, LC Group, CBK, Cool Link and Anchorstone, earning about HK$1 million when selling the shares, according to the prosecution.\nYeoh didn’t report his relationship with Lum to the exchange and failed to abstain from those IPOs, Human Lam Hiu-man, senior public prosecutor, told the court Monday. He backed the applications and endorsed approvals to the exchange’s internal listing department as well as the listing committee, an external group of professionals that decide on approvals, she said.\nCourt proceedings will resume on Monday next week.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":898607136,"gmtCreate":1628489694725,"gmtModify":1703506948104,"author":{"id":"3572826093389291","authorId":"3572826093389291","name":"Tadalada","avatar":"https://static.tigerbbs.com/b72694826dfd7043f27335bde2e7e70b","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":5,"crmLevelSwitch":0,"idStr":"3572826093389291","authorIdStr":"3572826093389291"},"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/898607136","repostId":1100440711,"repostType":4,"repost":{"id":"1100440711","kind":"news","pubTimestamp":1628489396,"share":"https://ttm.financial/m/news/1100440711?lang=&edition=fundamental","pubTime":"2021-08-09 14:09","market":"hk","language":"en","title":"Former Hong Kong IPO Vetting Chief Pleads Not Guilty as Trial Begins","url":"https://stock-news.laohu8.com/highlight/detail?id=1100440711","media":"Bloomberg","summary":"A former Hong Kong Exchanges and Clearing Ltd. executive in charge of vetting initial public offerin","content":"<p>A former Hong Kong Exchanges and Clearing Ltd. executive in charge of vetting initial public offerings pleaded not guilty in the Hong Kong District Court on Monday to allegations of bribery.</p>\n<p>Eugene Yeoh Kim-loong was accused of taking HK$9.15 million ($1.18 million) from IPO consultant Richard Lum Chor-wah between 2017 and 2019, in order to give companies an easier path to being approved to list on the bourse. The city’s anti-graft body, the Independent Commission Against Corruption, first took the pair to court in March 2020. They had been on bail since, until today’s court appearance.</p>\n<p>Yeoh and Lum pleaded not guilty to all charges and will remain on bail.</p>\n<p>Starting in 2015, Hong Kong Jockey Club member Lum recommended Yeoh’s later successful application to join the club, according to the prosecution.</p>\n<p>From 2017, Lum also provided Yeoh with HK$9.15 million. They, as well as Yeoh’s wife, would meet at Exchange Square podium -- just steps away from the bourse’s office -- and at a restaurant in a local shopping mall, Elements, where Lum gave “paper bags with content” to Yeoh, according to the prosecutor.</p>\n<p>Yeoh and his wife used the money to purchase investment funds and pay off credit card loans, the prosecutor said. The couple discussed investments in email and WeChat messages.</p>\n<p>The duo partnered in 12 IPOs between 2015 and 2019, the prosecution outlined on Monday:</p>\n<ul>\n <li>LC Group -- renamed asHopeLife International Holdings</li>\n <li>Classified Group Holdings Ltd.</li>\n <li>CBK Holdings Ltd.</li>\n <li>F8 Enterprises Holdings Group Ltd.</li>\n <li>Cool Link Holdings Ltd.</li>\n <li>RMH Holdings Ltd.</li>\n <li>Indigo Star Holdings Ltd.</li>\n <li>Shen You Holdings Ltd.</li>\n <li>Simplicity Holding Ltd.</li>\n <li>MS Concept Ltd.</li>\n <li>Anchorstone Holdings Ltd.</li>\n <li>WMCH Global Investment Ltd.</li>\n</ul>\n<p>Yeoh was also allotted shares in four of the companies, LC Group, CBK, Cool Link and Anchorstone, earning about HK$1 million when selling the shares, according to the prosecution.</p>\n<p>Yeoh didn’t report his relationship with Lum to the exchange and failed to abstain from those IPOs, Human Lam Hiu-man, senior public prosecutor, told the court Monday. He backed the applications and endorsed approvals to the exchange’s internal listing department as well as the listing committee, an external group of professionals that decide on approvals, she said.</p>\n<p>Court proceedings will resume on Monday next week.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Former Hong Kong IPO Vetting Chief Pleads Not Guilty as Trial Begins</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFormer Hong Kong IPO Vetting Chief Pleads Not Guilty as Trial Begins\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-09 14:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-09/former-h-k-ipo-vetting-chief-pleads-not-guilty-as-trial-begins><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A former Hong Kong Exchanges and Clearing Ltd. executive in charge of vetting initial public offerings pleaded not guilty in the Hong Kong District Court on Monday to allegations of bribery.\nEugene ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-09/former-h-k-ipo-vetting-chief-pleads-not-guilty-as-trial-begins\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","00388":"香港交易所"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-09/former-h-k-ipo-vetting-chief-pleads-not-guilty-as-trial-begins","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100440711","content_text":"A former Hong Kong Exchanges and Clearing Ltd. executive in charge of vetting initial public offerings pleaded not guilty in the Hong Kong District Court on Monday to allegations of bribery.\nEugene Yeoh Kim-loong was accused of taking HK$9.15 million ($1.18 million) from IPO consultant Richard Lum Chor-wah between 2017 and 2019, in order to give companies an easier path to being approved to list on the bourse. The city’s anti-graft body, the Independent Commission Against Corruption, first took the pair to court in March 2020. They had been on bail since, until today’s court appearance.\nYeoh and Lum pleaded not guilty to all charges and will remain on bail.\nStarting in 2015, Hong Kong Jockey Club member Lum recommended Yeoh’s later successful application to join the club, according to the prosecution.\nFrom 2017, Lum also provided Yeoh with HK$9.15 million. They, as well as Yeoh’s wife, would meet at Exchange Square podium -- just steps away from the bourse’s office -- and at a restaurant in a local shopping mall, Elements, where Lum gave “paper bags with content” to Yeoh, according to the prosecutor.\nYeoh and his wife used the money to purchase investment funds and pay off credit card loans, the prosecutor said. The couple discussed investments in email and WeChat messages.\nThe duo partnered in 12 IPOs between 2015 and 2019, the prosecution outlined on Monday:\n\nLC Group -- renamed asHopeLife International Holdings\nClassified Group Holdings Ltd.\nCBK Holdings Ltd.\nF8 Enterprises Holdings Group Ltd.\nCool Link Holdings Ltd.\nRMH Holdings Ltd.\nIndigo Star Holdings Ltd.\nShen You Holdings Ltd.\nSimplicity Holding Ltd.\nMS Concept Ltd.\nAnchorstone Holdings Ltd.\nWMCH Global Investment Ltd.\n\nYeoh was also allotted shares in four of the companies, LC Group, CBK, Cool Link and Anchorstone, earning about HK$1 million when selling the shares, according to the prosecution.\nYeoh didn’t report his relationship with Lum to the exchange and failed to abstain from those IPOs, Human Lam Hiu-man, senior public prosecutor, told the court Monday. He backed the applications and endorsed approvals to the exchange’s internal listing department as well as the listing committee, an external group of professionals that decide on approvals, she said.\nCourt proceedings will resume on Monday next week.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":898604925,"gmtCreate":1628489580067,"gmtModify":1703506946973,"author":{"id":"3584245613296846","authorId":"3584245613296846","name":"kirkmaciano","avatar":"https://static.tigerbbs.com/0db19f76623b2af34faeccee4ce94952","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3584245613296846","authorIdStr":"3584245613296846"},"htmlText":"Hi, like please","listText":"Hi, like please","text":"Hi, like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/898604925","repostId":1100440711,"repostType":4,"repost":{"id":"1100440711","kind":"news","pubTimestamp":1628489396,"share":"https://ttm.financial/m/news/1100440711?lang=&edition=fundamental","pubTime":"2021-08-09 14:09","market":"hk","language":"en","title":"Former Hong Kong IPO Vetting Chief Pleads Not Guilty as Trial Begins","url":"https://stock-news.laohu8.com/highlight/detail?id=1100440711","media":"Bloomberg","summary":"A former Hong Kong Exchanges and Clearing Ltd. executive in charge of vetting initial public offerin","content":"<p>A former Hong Kong Exchanges and Clearing Ltd. executive in charge of vetting initial public offerings pleaded not guilty in the Hong Kong District Court on Monday to allegations of bribery.</p>\n<p>Eugene Yeoh Kim-loong was accused of taking HK$9.15 million ($1.18 million) from IPO consultant Richard Lum Chor-wah between 2017 and 2019, in order to give companies an easier path to being approved to list on the bourse. The city’s anti-graft body, the Independent Commission Against Corruption, first took the pair to court in March 2020. They had been on bail since, until today’s court appearance.</p>\n<p>Yeoh and Lum pleaded not guilty to all charges and will remain on bail.</p>\n<p>Starting in 2015, Hong Kong Jockey Club member Lum recommended Yeoh’s later successful application to join the club, according to the prosecution.</p>\n<p>From 2017, Lum also provided Yeoh with HK$9.15 million. They, as well as Yeoh’s wife, would meet at Exchange Square podium -- just steps away from the bourse’s office -- and at a restaurant in a local shopping mall, Elements, where Lum gave “paper bags with content” to Yeoh, according to the prosecutor.</p>\n<p>Yeoh and his wife used the money to purchase investment funds and pay off credit card loans, the prosecutor said. The couple discussed investments in email and WeChat messages.</p>\n<p>The duo partnered in 12 IPOs between 2015 and 2019, the prosecution outlined on Monday:</p>\n<ul>\n <li>LC Group -- renamed asHopeLife International Holdings</li>\n <li>Classified Group Holdings Ltd.</li>\n <li>CBK Holdings Ltd.</li>\n <li>F8 Enterprises Holdings Group Ltd.</li>\n <li>Cool Link Holdings Ltd.</li>\n <li>RMH Holdings Ltd.</li>\n <li>Indigo Star Holdings Ltd.</li>\n <li>Shen You Holdings Ltd.</li>\n <li>Simplicity Holding Ltd.</li>\n <li>MS Concept Ltd.</li>\n <li>Anchorstone Holdings Ltd.</li>\n <li>WMCH Global Investment Ltd.</li>\n</ul>\n<p>Yeoh was also allotted shares in four of the companies, LC Group, CBK, Cool Link and Anchorstone, earning about HK$1 million when selling the shares, according to the prosecution.</p>\n<p>Yeoh didn’t report his relationship with Lum to the exchange and failed to abstain from those IPOs, Human Lam Hiu-man, senior public prosecutor, told the court Monday. He backed the applications and endorsed approvals to the exchange’s internal listing department as well as the listing committee, an external group of professionals that decide on approvals, she said.</p>\n<p>Court proceedings will resume on Monday next week.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Former Hong Kong IPO Vetting Chief Pleads Not Guilty as Trial Begins</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFormer Hong Kong IPO Vetting Chief Pleads Not Guilty as Trial Begins\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-09 14:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-09/former-h-k-ipo-vetting-chief-pleads-not-guilty-as-trial-begins><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A former Hong Kong Exchanges and Clearing Ltd. executive in charge of vetting initial public offerings pleaded not guilty in the Hong Kong District Court on Monday to allegations of bribery.\nEugene ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-09/former-h-k-ipo-vetting-chief-pleads-not-guilty-as-trial-begins\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","00388":"香港交易所"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-09/former-h-k-ipo-vetting-chief-pleads-not-guilty-as-trial-begins","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100440711","content_text":"A former Hong Kong Exchanges and Clearing Ltd. executive in charge of vetting initial public offerings pleaded not guilty in the Hong Kong District Court on Monday to allegations of bribery.\nEugene Yeoh Kim-loong was accused of taking HK$9.15 million ($1.18 million) from IPO consultant Richard Lum Chor-wah between 2017 and 2019, in order to give companies an easier path to being approved to list on the bourse. The city’s anti-graft body, the Independent Commission Against Corruption, first took the pair to court in March 2020. They had been on bail since, until today’s court appearance.\nYeoh and Lum pleaded not guilty to all charges and will remain on bail.\nStarting in 2015, Hong Kong Jockey Club member Lum recommended Yeoh’s later successful application to join the club, according to the prosecution.\nFrom 2017, Lum also provided Yeoh with HK$9.15 million. They, as well as Yeoh’s wife, would meet at Exchange Square podium -- just steps away from the bourse’s office -- and at a restaurant in a local shopping mall, Elements, where Lum gave “paper bags with content” to Yeoh, according to the prosecutor.\nYeoh and his wife used the money to purchase investment funds and pay off credit card loans, the prosecutor said. The couple discussed investments in email and WeChat messages.\nThe duo partnered in 12 IPOs between 2015 and 2019, the prosecution outlined on Monday:\n\nLC Group -- renamed asHopeLife International Holdings\nClassified Group Holdings Ltd.\nCBK Holdings Ltd.\nF8 Enterprises Holdings Group Ltd.\nCool Link Holdings Ltd.\nRMH Holdings Ltd.\nIndigo Star Holdings Ltd.\nShen You Holdings Ltd.\nSimplicity Holding Ltd.\nMS Concept Ltd.\nAnchorstone Holdings Ltd.\nWMCH Global Investment Ltd.\n\nYeoh was also allotted shares in four of the companies, LC Group, CBK, Cool Link and Anchorstone, earning about HK$1 million when selling the shares, according to the prosecution.\nYeoh didn’t report his relationship with Lum to the exchange and failed to abstain from those IPOs, Human Lam Hiu-man, senior public prosecutor, told the court Monday. He backed the applications and endorsed approvals to the exchange’s internal listing department as well as the listing committee, an external group of professionals that decide on approvals, she said.\nCourt proceedings will resume on Monday next week.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5469880,"gmtCreate":1628489722370,"gmtModify":1663232116545,"authorId":3574922828753649,"author":{"id":3574922828753649,"idStr":"3574922828753649","authorId":3574922828753649,"name":"coffeeteaboy","avatar":"https://static.tigerbbs.com/c9d8502a6269a1d5048adf7258946d92","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.26","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":898604925,"type":1,"supId":0,"prevId":0,"content":"<u>Ok</u>","text":"<u>Ok</u>","html":"<u>Ok</u>"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":58,"commentSize":8,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}