CFA dismisses Cheng Chak Ngok's application for leave to appeal
SFC, 26-Apr-2019
The case now goes back to a new Market Misconduct Tribunal. The first one cleared him but used the wrong standard of proof, criminal rather than civil.
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SFC v Cheng Chak Ngok & MMT
HK Court of Appeal, 10-Sep-2018
The court rules that the MMT, chaired by Garry Tallentire, was "plainly wrong when it found that Mr Cheng had not engaged in market misconduct by insider dealing" in China Gas (0384) shares, because it had applied a criminal standard of proof (beyond reasonable doubt) rather than the civil standard (on a balance of probabilities). The court sends the matter back to a differently constituted MMT panel.
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MMT finds no insider dealing by Mr Cheng Chak Ngok in China Gas (0384)
SFC, 24-Mar-2017
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SFC takes former ED of ENN Energy (2688) to MMT for alleged insider dealing