Hong Kong’s Securities and Futures Commission continues to push its insider trading case against U.S. hedge fund Tiger Asia and its two senior executives. The case, which had been languishing since 2009, got back on track in May 2013 when Hong Kong’s highest court rejected Tiger Asia’s argument that the SFC did not have the authority to pursue the case. Tiger Asia had argued that the SFC could not bring the case because Tiger Asia had no physical presence in Hong Kong.
