Hong Kong filmmaker Wong Pak Ming has been sentenced to 5 months in prison.

According to reports from multiple Hong Kong media outlets, Huang Baiming, the former chairman of Tianma Film and Television, a Hong Kong filmmaker aged 80, was found guilty of insider trading in relation to his involvement in persuading his sister to purchase company stocks before Tianma Film and Television announced the sale in 2017. On June 9th, he was sentenced at the West Kowloon Magistrates' Court in Hong Kong. Judge Patrick Kow stated that Huang Baiming was guilty of insider trading, sentenced to 5 months in prison, fined 99,720 Hong Kong dollars, and ordered to pay investigation costs of 374,000 Hong Kong dollars to the Hong Kong Securities and Futures Commission. Kow pointed out that although Huang Baiming had dedicated his whole life to the Hong Kong film industry and his sister did not receive significant benefits, his actions as a shareholder of Tianma Film and Television would still affect public confidence in the Hong Kong securities market. Huang Baiming's damaged reputation and impact on his physical and mental health due to this case were not considered as grounds for reduction of sentence. Huang Baiming's request for bail pending appeal was granted.