Mei was employed by CQS (Hong Kong) Limited as an equity trader from April 2007 to May 2008 and authorised to manage the investment of two mutual funds.
On 13 November 2009, the SFC commenced criminal proceedings against Mei with three counts of market manipulation and two counts of fraud involving securities respectively. It was alleged that between 1 and 3 April 2008, Mei and two other persons manipulated the shares of IRICO Group Electronics Company Ltd (stock code: 0438). Mei failed to attend hearing at the Eastern Magistrates’ Court. On 4 February 2010, a warrant was issued by the Court for his arrest.
The SFC has credible information that Mei left Hong Kong after the summons was issued.
Last update: 2 Oct 2018