Ho (nicknamed Nelson, formerly known as Ho Shun (何迅)) is alleged to have between 29 March 2016 and 7 September 2016, conspired together with 4 other individuals to place or cause to be placed bid and ask orders for the securities of a Hong Kong listed corporation, namely Ching Lee Holdings Limited (stock code: 8318), with the intention that, their actions had, or was likely to have, the effect of creating a false or misleading appearance of active trading in respect of the securities of the said Ching Lee Holdings Limited.
On 16 July 2020, a summons was issued against Ho for the offence of conspiracy to carry out false trading, contrary to sections 295 and 303 of the Securities and Futures Ordinance and section 159A of the Crimes Ordinance.
Ho failed to attend hearing at the Eastern Magistrates’ Courts. On 28 August 2020, a warrant was issued by a Magistrate for his arrest.
The SFC has credible information that Ho has left Hong Kong since March 2017.
Last update: 31 Aug 2020