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former hk securities official charged with insider trading misconduct

A former manager of Hong Kong's securities watchdog, Kenneth Leung, along with two others, has been charged with conspiring to commit misconduct by allegedly sharing non-public information about a planned rights issue. Leung, a 30-year-old from the Securities and Futures Commission, and Lai Lit-wai, a 34-year-old nurse, face one count of conspiracy, while Leung and Cheung Tsz-kin, a senior government counsel, face an additional count on the same charge.

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