Read the full judgment text of on BabelCite. was delivered on 27 August 2012.
1. After being brought before a magistrate, these two appellants were tried in the District Court. They faced 20 charges – brought against them jointly – of false trading, contrary to s.295(1) and (6) of the Securities and Futures Ordinance, Cap. 571. After trial they were convicted on all charges. Their convictions were affirmed by the Court of Appeal but quashed by this Court. They now seek their costs in the Magistrates’ Court, the District Court, the Court of Appeal and this Court. And t