Hong Kong regulator bans ex-Morgan Stanley banker from trading

HONG KONG, March 4 Mon Mar 4, 2013 5:13am EST

HONG KONG, March 4 (Reuters) - Hong Kong's stock market regulator banned former Morgan Stanley Asia managing director Du Jun from re-entering the industry for life for insider trading in shares of CITIC Resources Holdings Ltd .

Du was jailed in 2009 on 10 counts of insider trading in the shares of CITIC Resources Holdings while he was part of the Morgan Stanley team advising the company on a proposed deal to buy oil field assets in China.

For the regulator's press release:

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.