Hong Kong film producer Raymond Wong sentenced to 5 months for insider trading

A Hong Kong court has sentenced veteran film producer and actor Raymond Wong Pak-ming to five months in prison for sharing insider information with his sister to trade shares in an entertainment company he chaired in 2017. However, the 80-year-old will not have to begin serving the sentence immediately, after Magistrate Ko Wai-hung granted him bail pending appeal on Tuesday. Ko said he would not consider a suspended sentence or any non-custodial punishment for Wong, who was convicted of insider.