Core Viewpoint - The Hong Kong Securities and Futures Commission (SFC) has obtained a temporary injunction from the Hong Kong original court against seven defendants involved in manipulating the shares of Man Sang International Limited (now known as Hong Yu International, 08291) [1] Group 1: Legal Proceedings - The court order prohibits three defendants from transferring any assets within Hong Kong or handling their assets in a way that diminishes their value, with a total value of up to HKD 85.2 million [1] - The temporary injunction ensures that there are sufficient assets to fulfill the SFC's request for a restoration order if the defendants are found to have violated relevant provisions of the Securities and Futures Ordinance [1] - The injunction will remain in effect until the next court hearing scheduled for March 13, 2026 [1] Group 2: Criminal Investigation - The lawsuit is part of a legal procedure initiated by the SFC against a suspected organized crime group, which includes the defendants and other group members [1] - The group is alleged to have orchestrated a complex "pump and dump" scheme regarding Man Sang shares between December 22, 2020, and April 23, 2021 [1] - Criminal proceedings against four of the defendants are ongoing in the regional court, with the trial set to commence on September 14, 2026 [1]
香港证监会取得法庭命令冻结涉嫌买卖万成股份人士高达8520万港元资产