Ex-Morgan Stanley MDcharged

A former Morgan Stanley managing director has been arrested and charged in Hong Kong with insider dealing linked to trades in CITIC Resources Holdings. Du Jun was detained at the Hong Kong International Airport on Thursday after arriving from Beijing and appeared in court on Friday, Hong Kong’s Securities and Futures Commission (SFC) said in a statement. The regulator said no plea was taken and the case was adjourned to 5 September, with Du granted bail and ordered to surrender all travel documents.