14 Mar 2012
SECURITIES AND FUTURES COMMISSION v. CHAN CHUN WAI
- Citation
- SECURITIES AND FUTURES COMMISSION v. CHAN CHUN WAI
- Court
- Court of First Instance
- Case number
- HCMA675/2011
Given that the 2nd defendant was the sole director and shareholder, the only contact with the website service provider and the recipient of access credentials, the court held that the irresistible inference from the circumstantial evidence was that he issued the advertisement and aided the 1st defendant to hold itself out as carrying on a regulated activity; absence of direct evidence or explanation did not prevent conviction where the circumstantial case proved the offence beyond reasonable doubt.