FINANCE

Hong Kong Filmmaker Raymond Wong Jailed Five Months for Insider Trading

By Wang Xiaoqing

Published: Jun. 11, 2026 4:21 p.m. GMT+8

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Raymond Wong Pak-ming

Veteran Hong Kong filmmaker Raymond Wong Pak-ming has been sentenced to five months in prison for insider trading.

He was also fined about HK$99,000 ($14,617) and ordered to pay HK$370,000 in investigation and legal costs to the Securities and Futures Commission (SFC).

Wong, 80, was sentenced on June 9 at the West Kowloon Magistrates’ Courts after being convicted last month. He was granted HK$200,000 bail pending appeal.

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Explore the story in 30 seconds

Veteran Hong Kong filmmaker Raymond Wong sentenced to five months in prison for insider trading, fined HK$99,000.
Used insider info in 2017 about Pegasus Entertainment disposal, encouraged relative to trade shares.
Sentence reduced from nine months due to delays, stress, and public service contributions.

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Who’s Who

Pegasus Entertainment Holdings Ltd.: Pegasus Entertainment Holdings Ltd. is a Hong Kong company where veteran filmmaker Raymond Wong Pak-ming served as chairman and controlling shareholder. In 2017, Wong used insider information regarding a proposed disposal of the company to trade shares, leading to his conviction and five-month prison sentence for insider trading.

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What Happened When

Between August and October 2017：: Raymond Wong Pak-ming used insider information related to a proposed disposal of Pegasus Entertainment Holdings Ltd., and encouraged a relative to trade shares.

2025：: The Securities and Futures Commission (SFC) charged Raymond Wong Pak-ming for insider trading.

May 2026：: Raymond Wong Pak-ming was convicted of insider trading.

June 9, 2026：: Raymond Wong Pak-ming was sentenced to five months in prison and fined HK$99,000 ($14,617), plus costs, by the West Kowloon Magistrates’ Courts.

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