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Hong Kong's Securities and Futures Commission Reprimands And Fines Guotai Junan Securities (Hong Kong) Limited $1.3 Million

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The Securities and Futures Commission (SFC) has reprimanded and fined Guotai Junan Securities (Hong Kong) Limited (Guotai Junan) $1.3 million for non-compliance with the regulatory requirements in relation to ascertaining client identity (Note 1).

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