Ping An securities unit fined in Hong Kong
The Chinese group’s Hong Kong securities unit has been reprimanded and fined close to $1 million for internal control failures.
![Ping An securities unit fined in Hong Kong](https://cdn.i.haymarketmedia.asia/?n=asian-investor%2Fcontent%2F20121112115702_pp-generic-gavel.jpg&c=1&h=677&q=100&v=20255016&w=1204)
Hong Kong’s securities regulator has reprimanded Ping An of China Securities (Hong Kong) and fined it $6 million over serious internal control deficiencies and other matters.
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