January 25, 2017 BY Valentina Kirilova

SFC reprimands and fines Value Partners $4 million

The Securities and Futures Commission (SFC) has reprimanded Value Partners Limited (VPL) and Value Partners Hong Kong Limited (VPHKL) (collectively, Value Partners), and fined them $2 million respectively for failures to comply with the regulatory requirements in managing two SFC-authorized funds. The SFC found that the two funds, namely, Value Partners China Greenchip Fund Limited…

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