Eastern Magistrates' Courts sentenced Mr. Lin Tai Fung and Mr. Or Chun Nin to community service for 240 and 160 hours respectively, following their conviction in a securities market manipulation case.
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On July 10, 2025, the Eastern Magistrates’ Courts sentenced Mr. Lin Tai Fung and his brother-in-law, Mr. Or Chun Nin, to community service of 240 and 160 hours respectively, following their convictions on charges brought by the Securities and Futures Commission ("SFC").
The defendants pleaded guilty to conspiracy to engage in false trading in the shares of Pa Shun International Holdings Limited (Pa Shun) between April 9, 2017, and March 7, 2018. Lin also admitted to failing to disclose changes in his interest in Pa Shun shares to The Stock Exchange of Hong Kong Limited on eight occasions between June 2, 2017, and March 14, 2018.
Deputy Magistrate Mr. Chu Chung Keung underscored the gravity of the offenses and the Court’s consideration of imprisonment, but ultimately opted for community service sentences after evaluating mitigating factors, probation reports, and the defendants’ guilty pleas.
Additionally, the Court ordered Lin and Or to reimburse the investigation costs incurred by the SFC.
Mr. Christopher Wilson, the SFC’s Executive Director of Enforcement, affirmed that community service orders are not a lenient sentence and reflected the Court’s unwavering stance against market manipulation offenses.
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