This preliminary ruling confirms that the SFC's announcement of 18-Feb-2021 to freeze 54 accounts at 13 brokers relates to an alleged pump & dump scheme on Macau E&M (1408) as we said a the time.
機構
人物
SFC freezes accounts in suspected social media pump & dump
SFC
SFC, 18-Feb-2021
They don't name the stock, but Webb-site can tell you it's probably Macau E&M (1408) which listed at $1.00 on 11-Sep-2020 and closed at $4.36 on 25-Nov-2020 before crashing 81.9% the next day. See the movements in our CCASS Analysis System.
機構
CMGC (8081) completes mega-placing
Company announcement, 21-Aug-2015
We note that none of the shares appear in the CCASS account of the placing agent, Great Roc Capital Securities Ltd. The largest allocations go to CNI Securities, Astrum Capital Management and Jun Yang Securities.
機構
Sunrise (China) (8226) subscribes HK$20.05m for 3.51% of CMGC (8081)
Company announcement, 17-Aug-2015
The placing agent is named as CNI Securities Group Ltd, but CMGC's placing agent is Great Roc Capital Securities Ltd, so CNI must be a sub-agent.