Hong Kong regulator issues HK$6.4m fine to asset manager
Over its control failures in solicitation and recommendation of bonds
Convoy
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Two former Convoy executives charged in Hong Kong
They will join an ex-colleague in court on 24 July
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Goldman Sachs acquires Nutmeg stake
While beleaguered Hong Kong advice firm Convoy ups its investment ahead of local push
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Major Convoy stakeholder sues over share sale
Troubled Hong Kong financial advice firm Convoy Global is being sued by one of its biggest backers in an attempt the halt the sale of shares in another company at a substantial loss.
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Hong Kong’s ‘Toy King’ billionaire sues Convoy director
A Hong Kong billionaire has launched a HK$309m (£28.4m, $39.4m, €31.8m) lawsuit against his business partner and former Convoy director Roy Cho Kawi-chee, who has not been seen since November.
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Convoy freezes former directors British Virgin Islands assets
The former director of troubled Convoy Global has had his assets on the British Virgin Islands frozen, with the firm also filing a writ against him and 12 others, demanding they pay £16m in compensation.
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Hong Kong authorities raid company connected to Convoy
Hong Kong’s anti-graft body and market regulator have joined forces to raid the office of Town Health International Medical Group, a company that has strong ties to the embattled financial advisory firm Convoy Global.
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What the raids on Convoy Global mean for Hong Kong’s advisers
Raids by Hong Kong’s anti-corruption commission have forced one of the special administrative region’s biggest financial advice firms into the harsh glare of media and public scrutiny.
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Convoy set for triple whammy court hearing
Hong Kong’s High Court has ruled that three separate legal cases against beleaguered investment company Convoy Global should be heard together and has set a court date of 6 March.
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Convoy warns of dodgy shares
Embattled Convoy Global has warned investors against dealing with shares that it alleges were wrongly allotted to six individuals; including the company’s second largest shareholder, who recently failed to remove several executive directors in a thwarted boardroom takeover.
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Disgruntled Convoy Global director resigns
An executive director of Convoy Global has resigned from the embattled company, citing a disagreement with the board of directors and legal action being taken against him and several other directors and employees.
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Convoy chairman thwarts boardroom coup
The second largest shareholder in embattled Hong Kong financial advisory firm Convoy has lashed out at the company’s chairman, calling him “rude”, for taking away his voting rights in a meeting where he had attempted to remove several members of the management team.