A Hong Kong court has handed down the territory’s first criminal conviction for insider dealing just months after the market regulator launched a crackdown.

Vicky Hung was given a suspended six-month prison term and fined more than HK$220,000 ($28,205) after admitting four counts of insider trading. The Securities and Futures Commission had alleged Ms Hung dumped shares in Sino Golf Holdings, a Hong Kong-listed company, in the knowledge that one of its largest debtors had filed for bankruptcy.