Du, Jun (SFC:ADM104) 杜軍

This is the first restoration order for insider dealing. We question the fairness of the allocation though. 297 sellers whose orders just happened to be matched with his, during an 11-week period in which he bought 26.7m shares, will get about $0.90 per share - even though some of them may have been net buyers during the period. The whole market was unaware of the good news, and anyone who sold shares during that period, when volume was 1844m shares, but not to Mr Du, gets nothing. That turns the payout into a lottery with about a 1 in 69 chance of success.

Reading between the lines, if you sold shares in CITIC Resources (1205) between 15-Feb-07 and 30-Apr-07, then file a complaint with the SFC, which is seeking a court order that alleged insider dealer Du Jun should compensate anyone from whom he purchased shares while in possession of positive inside information, during that period. You might get some money back.

Comment: the Police claim that "the Police investigation revealed" the insider dealing - whereas the SFC acknowledge the Police's support in arresting Mr Du when he returned to HK "after the SFC completed the investigation". We think the Police are taking too much credit.