In the News: China Convicts Ex-UBS Banker for Insider Trading; New China-Japan ETF Connectivity Scheme; and M&A Profitability Requirements

In a landmark case, an ex-UBS banker was jailed for nine years for cross-border insider trading; the China-Japan ETF Connectivity scheme was launched with four index-tracking ETFs; and the CSRC is considering lifting profitability rules on listed company M&A activities.

3 minute readJuly 02, 2019 at 02:19 AM

Marilyn Romero

In the News: China Convicts Ex-UBS Banker for Insider Trading; New China-Japan ETF Connectivity Scheme; and M&A Profitability Requirements

Shanghai court convicts ex-UBS banker for insider trading

In a landmark criminal conviction in China linked to the Hong Kong Stock Connect scheme, the Shanghai No. 1 Intermediate People’s Court convicted a former banker of UBS’ Shanghai office in a cross-border insider trading case.

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