Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2020
Retail bondholder complaint concerning CEFC issue
Some Hong Kong retail CEFC bondholders reportedly filed a complaint with the Securities and Futures Commission alleging misconduct by CITIC CLSA in connection with the bond issue. The outcome is not provided.
2016
CEFC Shanghai bond underwriting controversy
CITIC CLSA acted as sole bookrunner for a reported US$250 million CEFC Shanghai bond issue. Subsequent allegations concerned incomplete subscription at pricing, secondary-market support and conflicts of interest. The supplied material does not establish a final regulatory or judicial finding against CLSA on all allegations.
2009
Allen Lam insider-trading conviction
Former CLSA executive Allen Lam was convicted of insider trading, according to the supplied reference material.
2005
Asiamoney vote-rigging email controversy
An email connected with an Asiamoney broker-survey matter led to allegations of vote rigging and reputational criticism involving CLSA.
2004
Securities and Futures Commission reprimand
CLSA was reportedly reprimanded by Hong Kong's Securities and Futures Commission. The supplied reference does not specify the conduct, legal basis or precise penalty.