On February 03, 2012, Hong Kong Securities & Futures Commission (SFC) published that the Court of First Instance today allowed the appeal of former responsible officer of Guotai Junan Securities (Hong Kong) Limited, Mr Pan Ming and overturned his conviction for one offence of false trading under the Securities and Futures Ordinance. On 1 March 2011, Pan was convicted of one count of market manipulation following an investigation by the Securities and Futures Commission (SFC) and was sentenced to a five months of imprisonment (Note 1). Pan appealed against his conviction to the Court of First Instance. The Court will publish its reasons in due course (Note 2).

The original article can be found at Hong Kong Securities & Futures Commission.